Exports and economic growth nexus: the case of Pakistan

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. Res...

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Main Authors: Nasim , Shah Shirazi, Turkhan Ali , Abdul Manap
Format: Article
Language:English
Published: Pakistan Institute of Development Economics 2004
Subjects:
Online Access:http://irep.iium.edu.my/2993/1/Nasim%2520Shah%2520Shirazi.pdf
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author Nasim , Shah Shirazi
Turkhan Ali , Abdul Manap
author_facet Nasim , Shah Shirazi
Turkhan Ali , Abdul Manap
author_sort Nasim , Shah Shirazi
collection IIUM
description 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.
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spelling oai:generic.eprints.org:29932013-05-03T07:52:02Z http://irep.iium.edu.my/2993/ Exports and economic growth nexus: the case of Pakistan Nasim , Shah Shirazi Turkhan Ali , Abdul Manap HB131 Methodology.Mathematical economics. Quantitative methods 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. Pakistan Institute of Development Economics 2004 Article PeerReviewed application/pdf en http://irep.iium.edu.my/2993/1/Nasim%2520Shah%2520Shirazi.pdf Nasim , Shah Shirazi and Turkhan Ali , Abdul Manap (2004) Exports and economic growth nexus: the case of Pakistan. The Pakistan Development Review, 43 (4). pp. 563-581. ISSN 0030-9729 http://ideas.repec.org/a/pid/journl/v43y2004i4p563-581.html
spellingShingle HB131 Methodology.Mathematical economics. Quantitative methods
Nasim , Shah Shirazi
Turkhan Ali , Abdul Manap
Exports and economic growth nexus: the case of Pakistan
title Exports and economic growth nexus: the case of Pakistan
title_full Exports and economic growth nexus: the case of Pakistan
title_fullStr Exports and economic growth nexus: the case of Pakistan
title_full_unstemmed Exports and economic growth nexus: the case of Pakistan
title_short Exports and economic growth nexus: the case of Pakistan
title_sort exports and economic growth nexus the case of pakistan
topic HB131 Methodology.Mathematical economics. Quantitative methods
url http://irep.iium.edu.my/2993/1/Nasim%2520Shah%2520Shirazi.pdf
work_keys_str_mv AT nasimshahshirazi exportsandeconomicgrowthnexusthecaseofpakistan
AT turkhanaliabdulmanap exportsandeconomicgrowthnexusthecaseofpakistan