Imports and Exports of Pakistan Time Series (1970-2013)

Zeshan Arshad, Saba Mukhtar, Amina Bibi and Azeema Zia
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Zeshan Arshad: Department of Economics, University Of Gujrat, Gujrat, Pakistan.
Saba Mukhtar: Department of Economics, GCW University Sialkot, Sialkot, Pakistan.
Amina Bibi: Department of Economics, GCW University Sialkot, Sialkot, Pakistan.
Azeema Zia: Department of Economics, GCW University Sialkot, Sialkot, Pakistan.

International Journal of Economics and Empirical Research (IJEER), 2015, vol. 3, issue 10, 473-478

Abstract: Purpose: Imports and exports play a vital role for the economic prosperity of the any country. Pakistan is a developing country and facing the trade deficit. In this paper we are trying to find the time series behavior of import and export of Pakistan. Methodology: Unit root test show that data is non stationary. Johansen co-integration indicate that only one co-integration in imports and exports, exist the long run relationship between the both variables (expo, impo). Findings: The bidirectional causality existing in long- run but there is unstable situation in short run of Pakistan import and export. Recommendations: The finding of this paper show that Pakistan is not in violation of its international budget constraints.

Keywords: Import; Export; Unit root; Johansen; Causality (search for similar items in EconPapers)
JEL-codes: F1 (search for similar items in EconPapers)
Date: 2015
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