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Exports and Economic Growth Nexus: The Case of Pakistan

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  • Nasim Shah Shirazi

    (Faculty of Economics and Management Science, International Islamic University, Malaysia.)

  • Turkhan Ali Abdul Manap

    (Faculty of Economics and Management Science, International Islamic University, Malaysia.)

Abstract

This paper re-investigates the exports and economic growth nexus for Pakistan. The paper employs cointegration and multivariate Granger Causality Test [Toda and Yamamoto (1995)] to study the long-run and short-run dynamics among exports, imports, and real output growth over the 1960–2003 period. Results strongly support a long-run relationship among imports, exports, and output growth. Feedback effect between import and output growth and unidirectional causality from export to output growth was found. Nevertheless, the results do not confirm any significant causality between imports and exports.

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Bibliographic Info

Article provided by Pakistan Institute of Development Economics in its journal The Pakistan Development Review.

Volume (Year): 43 (2004)
Issue (Month): 4 ()
Pages: 563-581

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Handle: RePEc:pid:journl:v:43:y:2004:i:4:p:563-581

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Keywords: Exports; Economic Growth; Pakistan;

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References

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Cited by:
  1. Patricia Hofmann, 2008. "Globalization and Technical Progress: Channels of Reciprocal Interaction A Literature Review," DEGIT Conference Papers c013_011, DEGIT, Dynamics, Economic Growth, and International Trade.
  2. Ali, Sharafat, 2013. "Cointegration Analysis of Exports and Imports: The Case of Pakistan Economy," MPRA Paper 49295, University Library of Munich, Germany.

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