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The Relationship between Export and Economic Growth in Libya Arab Jamahiriya


  • Khaled R.M. ELBEYDI

    (University Alfath in Tripoli, Libia)

  • Abdulbaset M. HAMUDA

    (Technical University in Košice, Slovakia)

  • Vladimir GAZDA

    (Technical University in Košice, Slovakia)


This study investigates the relationships between export and economic growth in Libya. An econometric model has been developed and estimated in order to determine the direction of causality in both, short and long run. The annual time series used for the estimation cover the time period 1980 – 2007. The findings indicate that the income, exports and relative prices are cointegrated. The long run bidirectional causality between the exports and income growth has been also proved. The study result indicates that the export promotion policy contributes to the economic growth in Libya.

Suggested Citation

  • Khaled R.M. ELBEYDI & Abdulbaset M. HAMUDA & Vladimir GAZDA, 2010. "The Relationship between Export and Economic Growth in Libya Arab Jamahiriya," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 1(1(542)), pages 69-76, January.
  • Handle: RePEc:agr:journl:v:1(542):y:2010:i:1(542):p:69-76

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    References listed on IDEAS

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    Cited by:

    1. Bader S.S. HAMDAN, 2016. "The Effect of Exports and Imports on Economic Growth in the Arab Countries: A Panel Data Approach," Journal of Economics Bibliography, KSP Journals, vol. 3(1), pages 100-107, March.
    2. repec:mje:mjejnl:v:13:y:2017:i:2:p:107-120 is not listed on IDEAS
    3. P. K. Mishra, 2011. "The Dynamics of Relationship between exports and economic growth in India," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Eastern Macedonia and Thrace Institute of Technology (EMATTECH), Kavala, Greece, vol. 4(2), pages 53-70, August.
    4. Ben Jebli, Mehdi & Ben Youssef, Slim, 2013. "Combustible renewables and waste consumption, exports and economic growth: Evidence from panel for selected MENA countries," MPRA Paper 47767, University Library of Munich, Germany.
    5. repec:mje:mjejnl:v:12:y:2017:i:2:p:107-120 is not listed on IDEAS
    6. repec:rss:jnljee:v4i1p6 is not listed on IDEAS
    7. Ghazi Al-Assaf & Bashier Al-Abdulrazag, 2015. "The Validity of Export-Led Growth Hypothesis for Jordan: A Bounds Testing Approach," International Journal of Economics and Financial Issues, Econjournals, vol. 5(1), pages 199-211.
    8. Adel Shakeeb Mohsen, 2015. "Effects of Oil and Non-Oil Exports on the Economic Growth of Syria," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 1(2), pages 69-78, June.
    9. Ady Soejoto & Waspodo Tjipto Subroto & Suyanto, 2015. "Fiscal Decentralization Policy in Promoting Indonesia Human Development," International Journal of Economics and Financial Issues, Econjournals, vol. 5(3), pages 763-771.
    10. Neveen M. TORAYEH, 2011. "Manufactured Exports And Economic Growth In Egypt: Cointegration And Causality Analysis," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 11(1).


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