Imports-economic growth nexus: ARDL approach to cointegration
AbstractThis paper implements Auto-Regressive Distributed Lags (ARDL) to cointegration to explore long-run relation; and Granger procedure within Vector Error Correction Model (VECM) to test direction of causality between imports and economic growth for a sample of forty–ten each from high; upper-middle; lower-middle; and low-income–nations. We find long-run bidirectional causality in high-income nations except Japan. For others, we find mixed results .
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 28462.
Date of creation: 28 Jan 2011
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- Faridul Islam & Qazi Muhammad Adnan Hye & Muhammad Shahbaz, 2012. "Import-economic growth nexus: ARDL approach to cointegration," Journal of Chinese Economic and Foreign Trade Studies, Emerald Group Publishing, vol. 5(3), pages 194-214, December.
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
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