David Atkin, Amit Khandelwal, Adam Osman, 06 January 2015

For a decade the field of international trade has revolved around the notion that exporters are particularly productive. Many policy interventions implicitly assume that exporting causes firms to become more productive, but such causal inference may be dubious. This column presents an experiment designed to verify the existence of learning-by-exporting. Experimental results and detailed observation vindicate this causal channel.

David Audretsch, Mark Sanders, Lu Zhang, 02 September 2012

Industrial development has long been considered crucial to economic growth and a higher standard of living. But what role do exports play in this story? This column confirms earlier findings that what products you export matters for growth – but shows that it also matters when you export them.

Mona Haddad , Ben Shepherd, 12 April 2011

With the global crisis affecting demand in all major markets, is export-led growth dead? This column argues to the contrary. It claims that the open, rules-based trading system centered on the WTO has proved remarkably resilient to recent shocks, with relatively little resort to protectionism to date. As a result, many developing countries are likely to persist with strategies of export-led growth, although their nature will change.

Daniel Leigh, Marco Terrones, Abdul Abiad, 17 April 2010

As the debate over whether China should reduce its current-account surplus continues, this column examines 28 such surplus reversals in advanced and emerging market economies over the past 50 years. Surplus reversals were not associated with lower growth in output or employment. Moreover, there are better balances between external and domestic demand and between growth in the tradables and non-tradables sectors.


CEPR Policy Research