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Exports and economic growth in Indonesia's fishery sub-sector: Cointegration and error-correction models

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Abstract

This 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.

Suggested Citation

  • Indra Nurcahyo Sjarif & Koji Kotani & Ching-Yang Lin, 2011. "Exports and economic growth in Indonesia's fishery sub-sector: Cointegration and error-correction models," Working Papers EMS_2011_16, Research Institute, International University of Japan.
    • Handle: RePEc:iuj:wpaper:ems_2011_16
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    File URL: https://www.iuj.ac.jp/workingpapers/index.cfm?File=EMS_2011_16.pdf
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    References listed on IDEAS

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    Cited by:

    1. Alper Aslan & Ebru Topcu, 2018. "The Relationship between Export and Growth: Panel Data Evidence from Turkish Sectors," Economies, MDPI, vol. 6(2), pages 1-15, April.

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    More about this item

    Keywords

    export growth; economic growth; shery sub-sector; cointegration; error-correction models;
    All these keywords.

    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

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