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Exports and economic growth in Indonesia's fishery sub-sector: Cointegration and error-correction models

Indra Sjarif (), Koji Kotani () and Ching-Yang Lin ()
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Indra Sjarif: International University of Japan, http://www.iuj.ac.jp/

No EMS_2011_16, Working Papers from Research Institute, International University of Japan

Abstract: This paper investigates the causal relationship between fishery's exports and its economic growth in Indonesia by utilizing cointegration and error-correction models. Using annual data from 1969 to 2005, we find the evidence that there exist the long-run relationship as well as bi-directional causality between exports and economic growth in Indonesia's fishery sub-sector. To the best of our knowledge, this is the first research that examine this issue focusing on a natural resource based industry, and the results shed light on the role of agriculture sector for economic growth in the developing countries.

Keywords: export growth; economic growth; shery sub-sector; cointegration; error-correction models (search for similar items in EconPapers)
JEL-codes: Q57 Q58 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2011-06
New Economics Papers: this item is included in nep-fdg and nep-sea
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