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This paper provides new evidence on the long-run relationship between exports and imports of the Iranian economy by … between imports and exports over the sample period, 1960-2007. This result confirms the finding of Arize (Imports and Exports … suggests that current account deficits in Iran are sustainable. -- Exports ; imports ; current account ; bounds test ; Iran …
Persistent link: https://www.econbiz.de/10009528917
This paper provides new evidence on the long-run relationship between exports and imports of the Iranian economy by … between imports and exports over the sample period, 1960–2007. This result confirms the finding of Arize (Imports and exports … in 50 countries: Tests of cointegration and structural breaks, 2002) by employing bounds tests to level relationships and …
Persistent link: https://www.econbiz.de/10009671491
logarithms of Indian exports and imports between 1949/50 and 2004/2005, using the unit-root, cointegration approach. To ascertain … and imports. The lack of cointegration means that Indian macroeconomic policies have been ineffective in bringing exports … robustness, exports and imports measured in current prices but in two currencies, Indian rupee and US dollar have been analyzed …
Persistent link: https://www.econbiz.de/10012768162
(CA) balance-to-GDP ratios and panel co-integration of exports and imports of goods and services, for the period 1970Q1 …) there is non-stationarity of the CA, imports, and exports with cross-sectional panel dependence and multiple structural … breaks; iv) however, there is a stable long-run relationship between exports and imports in the panel. Hence, trade …
Persistent link: https://www.econbiz.de/10012838560
This paper explores the dynamic relations between the Romanian exports and imports using monthly data from January 2005 … and cointegration tests are ambiguous while the Breitung test infirmed the hypothesis of cointegration between exports and … find evidence of the bidirectional Granger causality between the exports and the imports explained by the significant …
Persistent link: https://www.econbiz.de/10013099062
This paper analyzes the long run association between Pakistan's exports and imports from 1972 to 2012. The results of … both the Engle and Granger (1987) and Johansen (1991, 1995) cointegration reveal a long run relationship between the two …
Persistent link: https://www.econbiz.de/10013053781
growth. Except for the use of exports to measure trade openness, using openness index and imports to proxy for trade openness …, more openness, exports and imports lead to increased economic growth. This implies that a significant proportion of … economic growth in Uganda has been due to short-run increase in the country's openness, more exports and imports. This paper …
Persistent link: https://www.econbiz.de/10013184444
This paper examines the cointegration and causality among exchange rate, export, and import for Turkey during the … period of 1998-2006. The econometrics results show that there is a cointegration between exports and import, but direction of …-off between exports and imports; for example, when imports are high, there is smaller exports at that time. This study supports …
Persistent link: https://www.econbiz.de/10012768363
This study investigates the impact of inward foreign direct investment (FDI) on aggregate imports in Pakistan using the … annual time series data for the period 1981 to 2007. The cointegration results suggest that there exists a unique significant … positive long-run equilibrium relationship between inward FDI and aggregate imports in Pakistan. The respective parsimonious …
Persistent link: https://www.econbiz.de/10013121529
The 'saving for a rainy day' hypothesis implies that households' saving decisions reflect that they can (rationally) predict future income declines. The empirical relevance of this hypothesis plays a key role in discussions of fiscal policy multipliers and it holds under the null that the...
Persistent link: https://www.econbiz.de/10010518800