Are exports and imports of Saudi Arabia cointegrated? An empirical study

M.I. Haque

Applied Econometrics and International Development, 2015, vol. 15, issue 1, 111-124

Abstract: The objective of this study is to examine the long run cointegration between exports and imports of Saudi Arabia for the period 1968-2013. Using Johnson’s approach of cointegration this study finds that exports and imports converge towards equilibrium in the long run implying that the trade policy is being managed well as per its comparative advantage and there is both long run and short run causality running from exports to import. Importantly, this study improves upon the results of the only other study on Saudi Arabia (to the author’s best of knowledge) by including the Vector Error Correction Model (VECM). Also, this study advocates caution while using EViews6 with smaller datasets.

Keywords: C22; C 87; F14; 024; O53 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.usc.es/economet/reviews/aeid1519.pdf
No.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eaa:aeinde:v:15:y:2015:i:1_9

Ordering information: This journal article can be ordered from
http://www.usc.es/economet/info.htm

Access Statistics for this article

More articles in Applied Econometrics and International Development from Euro-American Association of Economic Development
Bibliographic data for series maintained by M. Carmen Guisan ().