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Manufactured exports and economic growth in Southern African Development Community (SADC) region: A panel cointegration approach

Author

Listed:
  • Teboho Jeremiah Mosikari

    () (North West University)

  • Mmamontsho Charlotte Senosi

    () (North West University)

  • Joel Hinaunye Eita

    () (University of Johannesburg)

Abstract

The purpose of this study is to examine the empirical relationship between manufactured exports and economic growth in SADC. This study applied the recent panel econometric methods to determine the long run equilibrium between manufactured exports and economic growth. The results of this study indicate that there is an existence of long run equilibrium between manufactured export and economic growth during 1980 to 2012. The results show that there is a positive impact of manufactured exports on economic growth in SADC. Furthermore, the study applied causality analysis and it was found that causality is running from economic growth to manufactured exports.

Suggested Citation

  • Teboho Jeremiah Mosikari & Mmamontsho Charlotte Senosi & Joel Hinaunye Eita, 2016. "Manufactured exports and economic growth in Southern African Development Community (SADC) region: A panel cointegration approach," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 12(5), pages 266-278, OCTOBER.
  • Handle: RePEc:dug:actaec:y:2016:i:5:p:266-278
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    File URL: http://journals.univ-danubius.ro/index.php/oeconomica/article/view/3362/3607
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    References listed on IDEAS

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    4. M. Imam Alam, 2003. "Manufactured Exports, Capital Good Imports, and Economic Growth: Experience of Mexico and Brazil," International Economic Journal, Taylor & Francis Journals, vol. 17(4), pages 85-105.
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    9. Emine KILAVUZ & Betül ALTAY TOPCU, 2012. "Export and Economic Growth in the Case of the Manufacturing Industry: Panel Data Analysis of Developing Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 2(2), pages 201-215.
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    11. Maddala, G S & Wu, Shaowen, 1999. "A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(0), pages 631-652, Special I.
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    Cited by:

    1. Edo, Samson & Osadolor, Nneka Esther & Dading, Isuwa Festus, 2020. "Growing external debt and declining export: The concurrent impediments in economic growth of Sub-Saharan African countries," International Economics, Elsevier, vol. 161(C), pages 173-187.
    2. Sunde Tafirenyika & Cyril Ayetuoma Ogbokor, 2018. "The Effect of Exports in Sacu Countries: An Empirical Analysis Using Panel Data," Acta Universitatis Danubius. OEconomica, Danubius University of Galati, issue 14(5), pages 34-47, OCTOBER.

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