Causality between exports and growth : a study of Singapore and United States

In this study, the relationship and causality between export growth and GOP growth, which is a proxy for economic growth, is tested using Singapore and United States as samples. The exports and GDP variables were first tested to see if they are cointegrated. The result was that for both countries, n...

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Bibliographic Details
Main Author: Tan, Shiau Tse
Other Authors: Nanyang Business School
Format: Final Year Project (FYP)
Language:English
Published: 2014
Subjects:
Online Access:http://hdl.handle.net/10356/59767
Description
Summary:In this study, the relationship and causality between export growth and GOP growth, which is a proxy for economic growth, is tested using Singapore and United States as samples. The exports and GDP variables were first tested to see if they are cointegrated. The result was that for both countries, no cointegration property was found. Standard Granger test was then used to test for causality between exports and GDP growth.