Research Article
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Year 2019, Volume: 4 Issue: 2, 65 - 77, 01.12.2019
https://doi.org/10.25229/beta.548479

Abstract

References

  • Acheampong, K. (2013). "Crude oil price and economic growth: The case of Ghana." International Journal of Management Research and Technology, 1(3) , 140-167.
  • Ahmed M, Hunjra A I, Iqbal M K and Khalil, J. (2014). Impact of Foreign Direct Investment, Imports, Exports of Goods and Services on Economic Growth of Pakistan. Bulletin of Business and Economics, 3(3), 155-165.
  • Alavinasab S M (2013). Foreign Trade and Economic Growth in Iran: An Empirical Study. International Journal of Academic Research in Business and Social Sciences. November 2013, Vol. 3, No. 11.
  • Albiman M, Suleiman NN (2016). The Relationship among Export, Import, Capital Formation and Economic Growth in Malaysia. Journal of Global Economy 4: 186. doi:10.4172/2375-4389.1000186.
  • Amsden, A. (1989). "Asia's Next Giant: South Korea and Late Industrialization." Oxford University Press.
  • Anderson, M. (1989). "International Technology Transfer in Agriculture". Agriculture Information Bulletin, Number 571 August 1989.
  • Bakari, S (2017). " The Three-Way Linkages Between Export, Import, and Economic Growth: New Evidence From Tunisia," Journal of Smart Economic Growth. Volume 2, Number 3, Year 2017.
  • Bakari, S (2018). "The Impact of Citrus Exports on Economic Growth: Empirical Analysis from Tunisia". International Journal of Food and Agricultural Economics. Vol. 6, No. 1, 2018, pp. 95-112.
  • Bakari, S and Mabrouki, M (2017). "Impact Of Exports And Imports On Economic Growth: New Evidence From Panama," Journal of Smart Economic Growth, , vol. 2(1), pages 67-79, March.
  • Bakari, S and Mabrouki, M (2018). "The Impact of Agricultural Trade on Economic Growth in North Africa: Econometric Analysis by Static Gravity Model." MPRA Paper 85116, University Library of Munich, Germany.
  • Bakari, S., Mabrouki, M and Othmani A (2018). "The Six Linkages between Foreign Direct Investment, Domestic Investment, Exports, Imports, Labor Force and Economic Growth: New Empirical and Policy Analysis from Nigeria". Journal of Smart Economic Growth, Volume 3, Number 1, Year 2018.
  • Barro, R.J., Sala-i-Martin, X., (1997). "Technological diffusion, convergence, and growth". Journal of Economic Growth 2, 1-26.
  • Belhaj Hassine, N. (2008). “Trade, Human Capital and Technology Diffusion in the Mediterranean Agricultural Sector.” Economie Internationale 113: 115-142.
  • Benhabib, J and Spiegel, M., (2002). “Human capital and technology diffusion”, Federal Reserve Bank of San Francisco Working Paper 03-02.
  • Cameron, G., Proudman, J., and Redding, S., (2005). “Technological convergence, R&D, Trade and productivity growth,” European Economic Review 49, 775-807.
  • Chenery, H and Bruno, M. (1962). "Development Alternative in an Open Economy: the Case of Israel," Economic Journal. Vol. 57, March 1962, 79-103.
  • De Janvry, A., and Sadoulet, E. (2001). "World poverty and the role of agricultural technology: Direct and indirect effects." Journal of Development Studies, 38(4), 1–26.
  • Dickey, D. A. and Fuller, W.A (1979). “Distribution of estimators of autoregressive time series with a unit root”. Journal of the American Statistical Association, 74, 427-31.
  • Dickey, D. A. and Fuller, W.A (1981). “Likelihood ratio statistics for autoregressive time series with a unit root”. Econometrica, 49(4):1057-72.
  • Ghosh, S. (2009). "Import Demand of Crude Oil and Economic Growth: Evidence from India," Energy Policy., 37, 699 –702.
  • Griffith, R., Redding, S., and Reenen, J.V., (2004). "Mapping the two faces of R&D: Productivity growth in a panel of OECD industries," Review of Economics and Statistics 86, 883-895.
  • Grossman, G.M., and Helpman, E. (1991). “Innovation and Growth in the Global Economy”. Cambridge, MA: MIT Press.
  • Hye, M.A.Q., (2012). Exports, imports and economic growth in China: an ARDL analysis. Journal of Chinese Economic and Foreign Trade Studies. 5, 42–55
  • Jayaraman, T., and Lau, E. (2011). "Oil price and economic growth in small Pacific Island countries." Modern Economy, 1(2) , 152-161.
  • Johansen, S and Juselius, K (1990). “Maximum likelihood estimation and inference on cointegration, with applications to the demand for money.” Oxford Bulletin of Economics and Statistics, 52, 169 – 210.
  • Johansen, S. (1988). “Statistical analysis of cointegration vectors.” Journal of Economic Dynamics and Control, 12 (2–3): 231 – 254.
  • Johansen, S. (1991). “Estimation and hypothesis testing of cointegration vectors in gaussian vector autoregressive models”, Econometrica, 59, 1551 – 1580.
  • McKinnon, R. (1964). "Foreign Exchange Constraints in Economic Development and Efficient Aid Allocation," Economic Journal, Vol. 74, p. 388-409.
  • Mohsen, A.S (2015). Effects of Exports and Imports on the Economic Growth of Syria. EuroAsian Journal of Economics and Finance. Volume: 3, Issue: 4, Pages: 253-261.
  • Ofeh M A and Muandzevara A T (2017). “Investigating the Effects of Migrant Remittances on the Economic Growth of Cameroon.” International Journal of Economics and Finance. Vol. 9, No. 2; 2017.
  • Riyath M I M and Jahfer A (2016). “Exports, Imports and Economic Growth in Sri Lanka: Evidence from Causality and Co-Integration Analysis.” 5th Annual International Research Conference- 2016. Faculty of Management and Commerce- SEUSL.
  • Sims, C. A. (1980), "Macroeconomics and Reality," Econometrica, 48, 1-48.
  • Taylor, L. (1991). "Income Distribution, Inflation, and Growth." Cambridge, MA: MIT Press.
  • Turan G and Karamanaj B (2014). An Empirical Study on Import, Export and Economic Growth in Albania. Academic Journal of Interdisciplinary Studies. Vol 3 No 3 June 2014
  • Yazdani, M and Faaltofighi, M. (2013). "Study the causal relationship between economic growth and energy consumption in energy (oil) exporting and importing counrties." Australian Journal of Basic and Applied Sciences, 74(4) , 500-504
  • Yüksel S and Zengin S (2016). Causality Relationship between Import, Export and Growth Rate in Developing Countries. International Journal of Commerce and Finance, Vol. 2, Issue 1, 2016, 147-156.
  • Zhong, Z., and Zou, H. (1995). “Foreign Technology Imports and Economic Growth in Developing Countries,” WPS 1412 Washington, DC World Bank.

Do Agricultural Raw Materials Imports Cause Agricultural Growth? Empirical Analysis from North Africa

Year 2019, Volume: 4 Issue: 2, 65 - 77, 01.12.2019
https://doi.org/10.25229/beta.548479

Abstract

The aim of this paper is to study empirically the impact of agricultural raw materials imports on agricultural growth since it is never done before. We have made this study in the context of three Countries from North Africa (Tunisia, Morocco and Egypt) for the period 1965 – 2016. By using cointegration analysis and vector error correction model, empirical analysis proves that agricultural raw materials imports produce a positive effect on agricultural growth in the long run for the three Countries and cause agricultural growth in the short run in the case of Tunisia and Egypt. It is seen that agricultural raw materials imports is a source of economic growth in the agricultural sector. For this reason, countries of North Africa should adopt to integrate foreign technology imports and not technological innovation to stimulate agricultural sector.

References

  • Acheampong, K. (2013). "Crude oil price and economic growth: The case of Ghana." International Journal of Management Research and Technology, 1(3) , 140-167.
  • Ahmed M, Hunjra A I, Iqbal M K and Khalil, J. (2014). Impact of Foreign Direct Investment, Imports, Exports of Goods and Services on Economic Growth of Pakistan. Bulletin of Business and Economics, 3(3), 155-165.
  • Alavinasab S M (2013). Foreign Trade and Economic Growth in Iran: An Empirical Study. International Journal of Academic Research in Business and Social Sciences. November 2013, Vol. 3, No. 11.
  • Albiman M, Suleiman NN (2016). The Relationship among Export, Import, Capital Formation and Economic Growth in Malaysia. Journal of Global Economy 4: 186. doi:10.4172/2375-4389.1000186.
  • Amsden, A. (1989). "Asia's Next Giant: South Korea and Late Industrialization." Oxford University Press.
  • Anderson, M. (1989). "International Technology Transfer in Agriculture". Agriculture Information Bulletin, Number 571 August 1989.
  • Bakari, S (2017). " The Three-Way Linkages Between Export, Import, and Economic Growth: New Evidence From Tunisia," Journal of Smart Economic Growth. Volume 2, Number 3, Year 2017.
  • Bakari, S (2018). "The Impact of Citrus Exports on Economic Growth: Empirical Analysis from Tunisia". International Journal of Food and Agricultural Economics. Vol. 6, No. 1, 2018, pp. 95-112.
  • Bakari, S and Mabrouki, M (2017). "Impact Of Exports And Imports On Economic Growth: New Evidence From Panama," Journal of Smart Economic Growth, , vol. 2(1), pages 67-79, March.
  • Bakari, S and Mabrouki, M (2018). "The Impact of Agricultural Trade on Economic Growth in North Africa: Econometric Analysis by Static Gravity Model." MPRA Paper 85116, University Library of Munich, Germany.
  • Bakari, S., Mabrouki, M and Othmani A (2018). "The Six Linkages between Foreign Direct Investment, Domestic Investment, Exports, Imports, Labor Force and Economic Growth: New Empirical and Policy Analysis from Nigeria". Journal of Smart Economic Growth, Volume 3, Number 1, Year 2018.
  • Barro, R.J., Sala-i-Martin, X., (1997). "Technological diffusion, convergence, and growth". Journal of Economic Growth 2, 1-26.
  • Belhaj Hassine, N. (2008). “Trade, Human Capital and Technology Diffusion in the Mediterranean Agricultural Sector.” Economie Internationale 113: 115-142.
  • Benhabib, J and Spiegel, M., (2002). “Human capital and technology diffusion”, Federal Reserve Bank of San Francisco Working Paper 03-02.
  • Cameron, G., Proudman, J., and Redding, S., (2005). “Technological convergence, R&D, Trade and productivity growth,” European Economic Review 49, 775-807.
  • Chenery, H and Bruno, M. (1962). "Development Alternative in an Open Economy: the Case of Israel," Economic Journal. Vol. 57, March 1962, 79-103.
  • De Janvry, A., and Sadoulet, E. (2001). "World poverty and the role of agricultural technology: Direct and indirect effects." Journal of Development Studies, 38(4), 1–26.
  • Dickey, D. A. and Fuller, W.A (1979). “Distribution of estimators of autoregressive time series with a unit root”. Journal of the American Statistical Association, 74, 427-31.
  • Dickey, D. A. and Fuller, W.A (1981). “Likelihood ratio statistics for autoregressive time series with a unit root”. Econometrica, 49(4):1057-72.
  • Ghosh, S. (2009). "Import Demand of Crude Oil and Economic Growth: Evidence from India," Energy Policy., 37, 699 –702.
  • Griffith, R., Redding, S., and Reenen, J.V., (2004). "Mapping the two faces of R&D: Productivity growth in a panel of OECD industries," Review of Economics and Statistics 86, 883-895.
  • Grossman, G.M., and Helpman, E. (1991). “Innovation and Growth in the Global Economy”. Cambridge, MA: MIT Press.
  • Hye, M.A.Q., (2012). Exports, imports and economic growth in China: an ARDL analysis. Journal of Chinese Economic and Foreign Trade Studies. 5, 42–55
  • Jayaraman, T., and Lau, E. (2011). "Oil price and economic growth in small Pacific Island countries." Modern Economy, 1(2) , 152-161.
  • Johansen, S and Juselius, K (1990). “Maximum likelihood estimation and inference on cointegration, with applications to the demand for money.” Oxford Bulletin of Economics and Statistics, 52, 169 – 210.
  • Johansen, S. (1988). “Statistical analysis of cointegration vectors.” Journal of Economic Dynamics and Control, 12 (2–3): 231 – 254.
  • Johansen, S. (1991). “Estimation and hypothesis testing of cointegration vectors in gaussian vector autoregressive models”, Econometrica, 59, 1551 – 1580.
  • McKinnon, R. (1964). "Foreign Exchange Constraints in Economic Development and Efficient Aid Allocation," Economic Journal, Vol. 74, p. 388-409.
  • Mohsen, A.S (2015). Effects of Exports and Imports on the Economic Growth of Syria. EuroAsian Journal of Economics and Finance. Volume: 3, Issue: 4, Pages: 253-261.
  • Ofeh M A and Muandzevara A T (2017). “Investigating the Effects of Migrant Remittances on the Economic Growth of Cameroon.” International Journal of Economics and Finance. Vol. 9, No. 2; 2017.
  • Riyath M I M and Jahfer A (2016). “Exports, Imports and Economic Growth in Sri Lanka: Evidence from Causality and Co-Integration Analysis.” 5th Annual International Research Conference- 2016. Faculty of Management and Commerce- SEUSL.
  • Sims, C. A. (1980), "Macroeconomics and Reality," Econometrica, 48, 1-48.
  • Taylor, L. (1991). "Income Distribution, Inflation, and Growth." Cambridge, MA: MIT Press.
  • Turan G and Karamanaj B (2014). An Empirical Study on Import, Export and Economic Growth in Albania. Academic Journal of Interdisciplinary Studies. Vol 3 No 3 June 2014
  • Yazdani, M and Faaltofighi, M. (2013). "Study the causal relationship between economic growth and energy consumption in energy (oil) exporting and importing counrties." Australian Journal of Basic and Applied Sciences, 74(4) , 500-504
  • Yüksel S and Zengin S (2016). Causality Relationship between Import, Export and Growth Rate in Developing Countries. International Journal of Commerce and Finance, Vol. 2, Issue 1, 2016, 147-156.
  • Zhong, Z., and Zou, H. (1995). “Foreign Technology Imports and Economic Growth in Developing Countries,” WPS 1412 Washington, DC World Bank.
There are 37 citations in total.

Details

Primary Language English
Subjects Business Administration
Journal Section Articles
Authors

Sayef Bakari

Publication Date December 1, 2019
Submission Date April 2, 2019
Acceptance Date August 19, 2019
Published in Issue Year 2019 Volume: 4 Issue: 2

Cite

APA Bakari, S. (2019). Do Agricultural Raw Materials Imports Cause Agricultural Growth? Empirical Analysis from North Africa. Bulletin of Economic Theory and Analysis, 4(2), 65-77. https://doi.org/10.25229/beta.548479