This study examines the validity of the export-led growth hypothesis in the context of developed countries’ agricultural sector, considering the existence of a common market among countries. Using the annual data of Organisation for Economic Co-operation and Development (OECD) countries from 1997 to 2016, we analyze the effect of agricultural exports on agricultural growth. For the comparison between developed countries with and without common markets, we create three subsamples (OECD, the European Union [EU] countries among OECD members, and the non-EU countries among OECD members). Estimation results show that agricultural exports (imports) have a positive (negative) effect on agricultural growth only in the case of the EU subsample. These results imply that access to foreign markets is important to validate the export-led growth hypothesis in the agricultural sector of developed countries.

考虑到各国之间存在共同市场，本研究在发达国家农业部门的背景下检验了出口带动增长假设的有效性。我们使用经济合作与发展组织 (OECD) 国家 1997 年至 2016 年的年度数据，分析了农产品出口对农业增长的影响。为了比较有和没有共同市场的发达国家，我们创建了三个子样本（经合组织、经合组织成员中的欧盟 [EU] 国家和经合组织成员中的非欧盟国家）。估计结果表明，仅在欧盟子样本的情况下，农业出口（进口）对农业增长具有正（负）影响。