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has been cited by the following article:

• TITLE: An Empirical Investigation of the Export-Led Growth (ELG) and Import-Led Growth (ILG) Hypotheses in Sierra Leone

  AUTHORS: Alhaji S. I. Barrie, Abdulai Sillah, Morlai Bangura

  KEYWORDS: Export-Led Growth (ELG), Import-Led Growth (ILG), Exchange Rate, Economic Growth, ARDL Model

  JOURNAL NAME: Modern Economy, Vol.12 No.11, November 29, 2021

  ABSTRACT: This paper seeks to empirically examine the export-led growth and import-led growth hypotheses in Sierra Leone from 1980 to 2020. It employed the ARDL bounds testing approach to cointegration. The empirical results show that both the Export-led growth (ELG) and Import-led Growth (ILG) hypotheses are indeed valid in Sierra Leone. However, exports appear to be relatively more important than imports in driving economic growth in both the short and long run horizons. It is therefore recommended amongst others that the government continue to focus on strategies that will broaden the export base, while at the same time create a conducive environment for foreign investment that could result in the importation of capital goods into the country to support growth.