EN
Impact of Trade Openness on Output Growth: Co integration and Error Correction Model Approach
Abstract
This study analyzed the long run relationship between trade openness and output growth for Pakistan using annual time series data for 1972-2010. This study follows the Engle and Granger co integration analysis and error correction approach to analyze the long run relationship between the two variables. The Error Correction Term (ECT) for output growth and trade openness is significant at 5% level of significance and indicates a positive long run relation between the variables. This study has also analyzed the causality between trade openness and output growth by using granger causality test. The results of granger causality show that there is a bi-directional significant relationship between trade openness and economic growth.
Keywords
Ayrıntılar
Birincil Dil
İngilizce
Konular
-
Bölüm
-
Yayımlanma Tarihi
1 Aralık 2012
Gönderilme Tarihi
1 Aralık 2012
Kabul Tarihi
-
Yayımlandığı Sayı
Yıl 2012 Cilt: 2 Sayı: 4
APA
Arif, A., & Ahmad, H. (2012). Impact of Trade Openness on Output Growth: Co integration and Error Correction Model Approach. International Journal of Economics and Financial Issues, 2(4), 379-385. https://izlik.org/JA79DH96ZZ
AMA
1.Arif A, Ahmad H. Impact of Trade Openness on Output Growth: Co integration and Error Correction Model Approach. IJEFI. 2012;2(4):379-385. https://izlik.org/JA79DH96ZZ
Chicago
Arif, Asma, ve Hasnat Ahmad. 2012. “Impact of Trade Openness on Output Growth: Co integration and Error Correction Model Approach”. International Journal of Economics and Financial Issues 2 (4): 379-85. https://izlik.org/JA79DH96ZZ.
EndNote
Arif A, Ahmad H (01 Aralık 2012) Impact of Trade Openness on Output Growth: Co integration and Error Correction Model Approach. International Journal of Economics and Financial Issues 2 4 379–385.
IEEE
[1]A. Arif ve H. Ahmad, “Impact of Trade Openness on Output Growth: Co integration and Error Correction Model Approach”, IJEFI, c. 2, sy 4, ss. 379–385, Ara. 2012, [çevrimiçi]. Erişim adresi: https://izlik.org/JA79DH96ZZ
ISNAD
Arif, Asma - Ahmad, Hasnat. “Impact of Trade Openness on Output Growth: Co integration and Error Correction Model Approach”. International Journal of Economics and Financial Issues 2/4 (01 Aralık 2012): 379-385. https://izlik.org/JA79DH96ZZ.
JAMA
1.Arif A, Ahmad H. Impact of Trade Openness on Output Growth: Co integration and Error Correction Model Approach. IJEFI. 2012;2:379–385.
MLA
Arif, Asma, ve Hasnat Ahmad. “Impact of Trade Openness on Output Growth: Co integration and Error Correction Model Approach”. International Journal of Economics and Financial Issues, c. 2, sy 4, Aralık 2012, ss. 379-85, https://izlik.org/JA79DH96ZZ.
Vancouver
1.Asma Arif, Hasnat Ahmad. Impact of Trade Openness on Output Growth: Co integration and Error Correction Model Approach. IJEFI [Internet]. 01 Aralık 2012;2(4):379-85. Erişim adresi: https://izlik.org/JA79DH96ZZ