Impact of economic growth and financial development on exports: Cointegration and causality analysis in Pakistan

Muhammad Shahbaz and Mizanur Rahman

MPRA Paper from University Library of Munich, Germany

Abstract: The analysis shows cointegration between exports, economic growth and financial development in case of Pakistan. The results that economic growth and financial development stimulate rate of exports growth in Pakistan. The causality analysis reveals bidirectional causal relationship between financial development and economic growth, financial development and exports and exports and economic growth in case of Pakistan.

Keywords: Economic growth; financial development; Cointegration; Pakistan (search for similar items in EconPapers)
JEL-codes: A10 C13 C22 (search for similar items in EconPapers)
Date: 2011-02-03
New Economics Papers: this item is included in nep-fdg
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Citations: View citations in EconPapers (2)

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