Exports, Imports and Economic Growth: An Empirical Analysis of Tunisia
Hye, Qazi Muhammad Adnan, Boubaker, Houda Ben Haj, IUP Journal of Monetary Economics
The aim of this study is to investigate the export-led growth, import-led growth and foreign debt sustainability hypotheses in the case of Tunisia by using annual time series data for the period 1960-2008. Autoregressive Distributed Lag (ARDL) approach is employed to determine the long-run relationship or direction of long-run causality between exports, imports and GDP, and the strength of causal relationship is examined by using variance decomposition method. The results indicate unidirectional causality from exports to economic growth and bidirectional relationship between imports and economic growth. Thus, both export-led growth and import-led growth are valid for Tunisia. On the other …
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Publication information: Article title: Exports, Imports and Economic Growth: An Empirical Analysis of Tunisia. Contributors: Hye, Qazi Muhammad Adnan - Author, Boubaker, Houda Ben Haj - Author. Journal title: IUP Journal of Monetary Economics. Volume: 9. Issue: 1 Publication date: February 2011. Page number: 6+. © Not available. Provided by ProQuest LLC. All Rights Reserved.
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