作者
Sami Ullah, Bedi-uz Zaman, Muhammad Farooq, Asif Javid
发表日期
2009/1
期刊
European Journal of Social Sciences
卷号
10
期号
2
页码范围
264-272
简介
Export-led-growth is reinvestigated by time series econometric techniques (Unit root test, Co-integration and Granger causality through Vector Error Correction Model) over the period of 1970 to 2008 for Pakistan. In this paper, the results reveal that export expansion leads to economic growth. It is also checked that whether there is uni-directional or bidirectional causality between economic growth, real exports, real imports, real gross fixed capital formation and real per capita income. The traditional Granger causality test suggests that there is uni-directional causality between economic growth, exports and imports. On the other hand Granger causality through vector error correction is checked with the help of F-value of the model and t-value of the error correction term, which partially reconciles the traditional Granger causality test.
引用总数
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学术搜索中的文章
S Ullah, B Zaman, M Farooq, A Javid - European Journal of Social Sciences, 2009