Islam, Faridul and Adnan Hye, Qazi Muhammad and Shahbaz, Muhammad (2011): Imports-economic growth nexus: ARDL approach to cointegration.
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This paper implements Auto-Regressive Distributed Lags (ARDL) to cointegration to explore long-run relation; and Granger procedure within Vector Error Correction Model (VECM) to test direction of causality between imports and economic growth for a sample of forty–ten each from high; upper-middle; lower-middle; and low-income–nations. We find long-run bidirectional causality in high-income nations except Japan. For others, we find mixed results .
|Item Type:||MPRA Paper|
|Original Title:||Imports-economic growth nexus: ARDL approach to cointegration|
|English Title:||Imports-economic growth nexus: ARDL approach to cointegration|
|Subjects:||O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O10 - General|
|Depositing User:||aviral tiwari|
|Date Deposited:||29. Jan 2011 13:25|
|Last Modified:||13. Feb 2013 10:30|
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