Trade Liberalization, Exchange Rate And Export Growth In Pakistan
AbstractThis paper examines the impact of trade liberalization and effective exchange rate on export growth for Pakistan, using Vector Error Correction Model (VECM). The study is based on annual time series data for the period 1981-2010.The results suggest that, openness has a significant and positive impact on export growth in the long run. Real effective exchange rate and world GDP also have positive and significant impact on export but only if trade is more liberalized. .Two interaction terms (OP*WY,OP*RR) are used in the study, which postulate an important concept in literature
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Bibliographic InfoArticle provided by Far East Research Centre in its journal Far East Journal of Psychology and Business.
Volume (Year): 9 No 2 Paper 3 November (2012)
Issue (Month): 3 (November)
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Web page: http://www.fareastjournals.com/journal_detail.aspx?jid=18
Trade Liberalization; Exchange Rate and Export Growth;
Find related papers by JEL classification:
- M1 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration
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