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The aim of this article is to investigate whether there is a long-run relationship (cointegration) between exports and … imports for 22 least developed countries (LDCs). This is an important issue, for evidence of cointegration will ensure that … trade imbalances are sustainable. The article explores this issue using the bounds testing approach to cointegration. The …
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This paper examines the causal relationship between electricity consumption, exports and gross domestic product (GDP) for a panel of Middle Eastern countries. We find that for the panel as a whole there are statistically significant feedback effects between these variables. A 1 per cent increase...
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. To this end, the paper drew on the published export demand model and the import demand model of Narayan and Narayan for …
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Based on recent evidence of fractional cointegration in commodity spot and futures markets, we investigate whether a …
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