Impact de la diversification des exportations sur la croissance économique: Cas de la Tunisie

Impact of export diversification on economic growth: case of Tunisia

Mounir Dahmani

MPRA Paper from University Library of Munich, Germany

Abstract: The relationship between export diversification and economic growth has been widely discussed in the economic literature, although there is currently no clear consensus on the subject. This study analyzes the dynamic relationship between export diversification and economic growth in Tunisia, through the cointegration analysis based on an autoregressive distributed lag (ARDL) bounds testing approach with annual data for the period 1991-2017. The results show that growth based on export diversification is relevant for Tunisia. The econometric study has shown that investment, export diversification, increase in exported products and quality of life have a positive effect on economic growth, while financial development has a negative impact in the long term. However, the short-term impact of export diversification is more limited. The findings have economic policy implications for policymakers seeking to strengthen and improve the export diversification, stability, and economic growth of their economies.

Keywords: Exports diversification; economic growth; cointegration; ARDL; Tunisia (search for similar items in EconPapers)
JEL-codes: F13 F14 F43 O47 O55 (search for similar items in EconPapers)
Date: 2021, Revised 2021
New Economics Papers: this item is included in nep-ara
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Citations: View citations in EconPapers (2)

Published in International Journal of Innovation and Applied Studies 3.33(2021): pp. 502-514

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:112225

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