IDEAS home Printed from https://ideas.repec.org/a/wun/timjeb/tjebv09y2016i02a02.html
   My bibliography  Save this article

Does Trade Openness has Noteworthy effect on Bilateral Trade Flows of E.C.O. Countries; an Empirical Investigation

Author

Listed:
  • Gulzar ALI

    (School of Economics, Huazhong University of Science and Technology, Wuhan, Hubei, P.R China; Department of Economics, Islamia College University Peshawar, KPK, Pakistan.)

Abstract

This study empirically investigated the effect of trade liberalization on the bilateral trade flows of 2 ECO (Pakistan, Turkey and Iran) countries using annual time series data for the period of 1980-2016. The study applied unit root test, bound testing approach and ARDL regression analysis technique to empirically examine the role and impact of trade openness on bilateral trade flows of ECO countries. The empirical results found long-run positive and significant effect of trade openness on bilateral trade flows of ECO countries. Further, the study concluded that trade openness playing an important role in exports as well as in fulfilling the requirements by imports. The findings of the study might provide significant guidelines to policy makers to initiate rules and regulations for the improvement in international trade that might help in attainment of sustainable foreign exchange reserves and economic growth of ECO countries.

Suggested Citation

  • Gulzar ALI, 2016. "Does Trade Openness has Noteworthy effect on Bilateral Trade Flows of E.C.O. Countries; an Empirical Investigation," Timisoara Journal of Economics and Business, West University of Timisoara, Romania, Faculty of Economics and Business Administration, vol. 9(2), pages 95-114, December.
    • Handle: RePEc:wun:timjeb:tjeb:v09:y2016:i02:a02
    as

    Download full text from publisher

    File URL: http://www.tjeb.ro/index.php/tjeb/article/view/TJEB9-2-95to114/TJEB-vol9-iss2-art2-95-104
    Download Restriction: no
    File URL: http://www.tjeb.ro/index.php/tjeb/article/view/TJEB9-2-95to114
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    E.C.O. Countries; Bilateral Trade; ARDL regression analysis; diagnostic & stability analysis.;
    All these keywords.

    JEL classification:

    • O - Economic Development, Innovation, Technological Change, and Growth

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wun:timjeb:tjeb:v09:y2016:i02:a02. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Romeo Margea (email available below). General contact details of provider: https://edirc.repec.org/data/feuvtro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.