An Empirical Analysis of the Link between Economic Growth and Exports in Côte d’Ivoire

Daouda Coulibaly and Fulgence Zran Goueu

International Business Research, 2019, vol. 12, issue 9, 94-104

Abstract: This paper aims to analyze the relationship between exports and economic growth in Côte d’Ivoire. In order to achieve this objective, annual data for the period 1960-2017 were tested by using the cointegration approach of Pesaran, Shin and Smith, including the causality test of Breitung and Schreiber. According to our analysis it is only exports that drive economic growth and not the opposite. Exports act positively and significantly on economic growth in the short term as well as in the long term. The causality test of Breitung and schreiber indicates a one-way long-run causal relationship ranging from exports to gross domestic product (GDP). All those results show that exports are a source of Ivorian economic growth.

Keywords: Côte d’Ivoire; economic growth; exports; cointegration; causality; frequency band (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:ibn:ibrjnl:v:12:y:2019:i:9:p:94-104

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