ARTÍCULO
TITULO

Causal Relationship between Trade Openness and Economic Growth: A Panel Data Analysis of Asian Countries

Khandaker Jahangir Alam    
Khairul Kabir Sumon    

Resumen

This paper examines the causal relationship between economic growth and trade openness for 15 Asian countries over period 1990?2017. We have applied panel cointegration and causality approaches to examine the long-run and causal relationship between variables. Empirical results confirm the presence of cointegration between variables. The impact of trade openness on economic growth is found to be positive. The panel VECM Granger causality analysis reveals the bidirectional causality between economic growth and trade openness.Keywords: Trade Openness, Economic Growth, Panel Cointegration, Causality.JEL Classifications: F11, F14, F43, C23DOI: https://doi.org/10.32479/ijefi.8657

 Artículos similares

       
 
Emrah Bese,Haven Swint Friday     Pág. 1 - 11
This is the first study in the single country studies that analyze the relationship between life expectancy, short-term external debt, and long-term external debt for Turkey for the period from 1974 to 2017. This study analyzed the direct effect of long-... ver más

 
Peter Uchenna OKOYE,Chukwuemeka NGWU,Christian Ifeanyi OHAEDEGHASI     Pág. 17 - 38
The increasing rate of poverty and unemployment in Nigeria has necessitated further efforts towards alternative means of reducing the trend, outside the government?s microeconomic mechanisms. As a sector with multiplier effects on other sectors of econom... ver más

 
Niyungeko Antoine     Pág. 103 - 120
ABSTRACTBhagwati developed a hypothesis that expected economic growth (EG) enhancing impact of exports (EXP) and foreign direct investment (FDI) interaction. This paper checks the validity of the Bhagwati hypothesis by examining the moderation and mediat... ver más

 
Nikhil Chandra Shil,Mahfuzul Hoque,Mahmuda Akter     Pág. 1 - 12
This study attempts to explore the factors that may lead to the choice behind sophisticated management accounting practices (SMAP) in an emerging economy, Bangladesh. A semi-structured questionnaire has been developed to capture the market data and diffe... ver más

 
Etahisoa     Pág. 57 - 66
This study investigates the causal relationship between import-export and economic growth in Madagascar by applying Johansen co-integration test and VAR causality model for annual time series data over the period 1975-2017. Based on the findings, import ... ver más