TY - JOUR
T1 - Exports and economic growth nexus
T2 - The case of Pakistan
AU - Shirazi, Nasim Shah
AU - Abdul Manap, Turkhan Ali
PY - 2004
Y1 - 2004
N2 - This paper re-investigates the exports and economic growth nexus for Pakistan. The paper employs cointegration and multivariate Granger Causality Test [Toda and Yamamoto (1995)] to study the long-run and short-run dynamics among exports, imports, and real output growth over the 1960-2003 period. Results strongly support a long-run relationship among imports, exports, and output growth. Feedback effect between import and output growth and unidirectional causality from export to output growth was found. Nevertheless, the results do not confirm any significant causality between imports and exports.
AB - This paper re-investigates the exports and economic growth nexus for Pakistan. The paper employs cointegration and multivariate Granger Causality Test [Toda and Yamamoto (1995)] to study the long-run and short-run dynamics among exports, imports, and real output growth over the 1960-2003 period. Results strongly support a long-run relationship among imports, exports, and output growth. Feedback effect between import and output growth and unidirectional causality from export to output growth was found. Nevertheless, the results do not confirm any significant causality between imports and exports.
UR - http://www.scopus.com/inward/record.url?scp=33646029401&partnerID=8YFLogxK
U2 - 10.30541/v43i4iipp.563-581
DO - 10.30541/v43i4iipp.563-581
M3 - Article
AN - SCOPUS:33646029401
SN - 0030-9729
VL - 43
SP - 563
EP - 579
JO - Pakistan Development Review
JF - Pakistan Development Review
IS - 4 II
ER -