LONG RUN RELATIONSHIP BETWEEN ECONOMIC GROWTH, EXPORT, POPULATION AND INVESTMENT OF ETHIOPIA
M. Leta and
L. Zemedkun
International Journal of Agricultural Research, Innovation and Technology (IJARIT), 2018, vol. 08, issue 2
Abstract:
The objective of this study is to examine the long-run relationship between economic growth, population, export, and investment in Ethiopia using annual data collected from the World development indicator, and FAOSTAT for 18 years from 1990-2007 E.C. Co integration and Granger Causality test. Stationary properties of the data and the order of integration of the data were tested using the Augmented Dickey-Fuller (ADF) test. Variables were non-stationary at levels but stationary in first differences. The long-run effects of Population, export and investment on Economic growth indicated that these variables are positively related to economic growth and statistically significant at 1% level.
Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ijarit:305459
DOI: 10.22004/ag.econ.305459
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