Economic Growth and Export Processing Zones: An Empirical Analysis by William G. Tyler and Ana Carolina A. Negrete publicado por (2011)
This paper examines one possible growth strategy and policy approach to deal with Dutch Disease, i.e., the use of export processing zones (EPZs). It extends recent previous international crosssectional research employing panel data to examine the determinants of economic growth. Using the endogenous growth theoretical framework, a question asked concerns the effects on growth of country use of export processing zones (EPZs) as a policy mechanism. The novelty of the analysis is that it incorporates the use of EPZs in the empirical estimates of a growth equation. The analysis demonstrates a positive and significant relationship between the use of EPZs and economic growth, providing support for the contention that host countries (using EPZs) grow faster than countries that have not employed such mechanisms. The policy implication is that country governments that have eschewed the use of EPZs might be well advised to re-examine their policies.
