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The aptness of import-led growth hypothesis for sustainable development in South Asia: Do energy utilization and natural resources matter?

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dc.creator Ahmed, Zahoor
dc.creator Javeed, Saba
dc.creator Doğan, Buhari
dc.creator Vasa, László
dc.creator Madaleno, Mara
dc.date 2023-10-01T00:00:00Z
dc.date.accessioned 2025-02-25T10:17:43Z
dc.date.available 2025-02-25T10:17:43Z
dc.identifier 188f3ef1-dd19-477b-b13f-4bcd68890ac5
dc.identifier 10.1016/j.resourpol.2023.104262
dc.identifier https://avesis.sdu.edu.tr/publication/details/188f3ef1-dd19-477b-b13f-4bcd68890ac5/oai
dc.identifier.uri http://acikerisim.sdu.edu.tr/xmlui/handle/123456789/98906
dc.description In recent years, the escalating trade activities (imports and exports) have spurred a growing body of research on their linkages with economic progress and sustainability. However, the impacts of imports and export diversification on sustainable economic growth have been rarely explored. This paper aims to fill this gap by exploring the role of import product diversification in the sustainable economic performance of South Asian countries. More precisely, this paper introduces the export-led growth hypothesis and explores the role of import product diversification, natural resources, and human capital for sustainable economic growth. Empirically, this paper uses data from 1995 to 2020 with 9 South Asian economies and runs advanced panel cointegration techniques along with long-run estimation techniques robust to endogeneity, cross-sectional dependence, autocorrelation, and other panel data problems. The outcomes display a significant correlation between import product diversification, natural resources, and sustainable development. The findings can provide insights to formulate efficient import diversification strategies for sustainable growth, especially in developing countries.
dc.language eng
dc.rights info:eu-repo/semantics/closedAccess
dc.title The aptness of import-led growth hypothesis for sustainable development in South Asia: Do energy utilization and natural resources matter?
dc.type info:eu-repo/semantics/article


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