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. The likelihood-based panel cointegration technique is applied to investigate the long-run convergence between the …
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cointegration method. The results reveal a significant negative relationship between imports and economic growth, while exports and … driven by exports, imports, and trade openness. The findings suggest that trade liberalisation and export-led growth are …
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in 50 Countries: Tests of Cointegration and Structural Breaks, 2002) by employing bounds tests to level relationship and …
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