Fritz Hodne
Export-led growth or export specialization?
abstract recent scandinavian work relationship exports economic growth gives preference home market factors opposed foreign demand thus strengthening view growth homeled rather exportled article claims difficulty determining causal role exports stems failure differentiate individual industries macroeconomic growth addressing macroaspect argument called export specialization theory developed small countries trade protrade policies central economic success moreover cases makes sense distinguish homeled foreignled development since definition trade includes demand supply factors light clarification current controversy causal role exports successful growth small countries disappears way conclusion article argues country size may prove critical variable successful economic growth