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Determinants of industrial output in Syria

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  • Adel Mohsen
  • Soo Chua
  • Che Sab

Abstract

This study attempts to investigate the determinants of industrial output in Syria over the period 1980–2010. The ADF unit root test, Johansen cointegration test, Granger causality test, impulse response functions, variance decomposition analysis, and stability tests are used in this study. The Johansen cointegration test indicates that industrial output is positively related to capital, manufactured exports, population and agricultural output, but negatively related to the oil price. Agricultural output has the biggest effect on industrial output. The Granger causality test indicates bidirectional causality between capital, oil price, manufacturing exports, population, agricultural output, and industrial output in the short and long run. Copyright Mohsen et al. 2015

Suggested Citation

  • Adel Mohsen & Soo Chua & Che Sab, 2015. "Determinants of industrial output in Syria," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 4(1), pages 1-12, December.
    • Handle: RePEc:spr:jecstr:v:4:y:2015:i:1:p:1-12:10.1186/s40008-015-0030-7
    DOI: 10.1186/s40008-015-0030-7
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    Cited by:

    1. Muhammad Ejaz & Javed Iqbal, 2021. "Estimation and Forecasting of Industrial Production Index," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 26(1), pages 1-30, Jan-June.
    2. Mingwen Chen & RongJia Chen & Shiyong Zheng & Biqing Li, 2023. "Green Investment, Technological Progress, and Green Industrial Development: Implications for Sustainable Development," Sustainability, MDPI, vol. 15(4), pages 1-12, February.

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    More about this item

    Keywords

    Oil-dependent economy; Industrial output; Capital; Manufactured exports; Oil price; VAR; O11; E20;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)

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