An Empirical Study on Export, Import and Economic Growth in Bhutan
Shibli A. Khan,
Gazi Salah Uddin and
Md. Mahmudul Alam ()
No pax9f, OSF Preprints from Center for Open Science
This paper focuses on the casual relationship between export, import and Gross Domestic Product (GDP) for Bhutan using annual data from 1980 to 2005. The Granger causality test and Co-integration Models are employed taking care of stochastic properties of the variables. The co-integration analysis suggests that there is a long-run equilibrium relationship. The results of Granger causality test shows that there is a causal relationship between the examined variables. The causal nexus is unidirectional from export to import and GDP, and GDP to import only. Here export led growth is empirically proven in Bhutan.
New Economics Papers: this item is included in nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:osf:osfxxx:pax9f
Access Statistics for this paper
More papers in OSF Preprints from Center for Open Science
Bibliographic data for series maintained by OSF ().