Exports and economic growth in Indonesia's fishery sub-sector: Cointegration and error-correction models
AbstractThis paper investigates the causal relationship between fishery's exports and its economic growth in Indonesia by utilizing cointegration and error-correction models. Using annual data from 1969 to 2005, we find the evidence that there exist the long-run relationship as well as bi-directional causality between exports and economic growth in Indonesia's fishery sub-sector. To the best of our knowledge, this is the first research that examine this issue focusing on a natural resource based industry, and the results shed light on the role of agriculture sector for economic growth in the developing countries.
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Bibliographic InfoPaper provided by Research Institute, International University of Japan in its series Working Papers with number EMS_2011_16.
Length: 14 pages
Date of creation: Jun 2011
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More information through EDIRC
export growth; economic growth; shery sub-sector; cointegration; error-correction models;
Find related papers by JEL classification:
- Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
- Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-10-15 (All new papers)
- NEP-FDG-2011-10-15 (Financial Development & Growth)
- NEP-SEA-2011-10-15 (South East Asia)
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