The Long Run and Short Run Impacts of Exports on Economic Growth: Evidence from Gabon

Sayef Bakari

MPRA Paper from University Library of Munich, Germany

Abstract: This study investigates the impact of exports on economic growth in Gabon using annual time series data for the period 1980 - 2015 by implementing cointegration analysis and error correction model. The empirical results show that in the long run, investment and exports affect negatively on economic growth. However, in short run investment and export cause economic growth. These results provide evidence that investment and exports are necessary in Gabon's economy and are presented as an engine of growth since they cause economic growth in the short term. But they are not carried out and treated with a solid and fair manner, which offer new insights into Gabon’s openness policy for promoting economic growth.

Keywords: Exports; Growth; Error-Correction; Openness policy; Gabon. (search for similar items in EconPapers)
JEL-codes: F1 F11 F13 F14 (search for similar items in EconPapers)
Date: 2017-06-18
New Economics Papers: this item is included in nep-gro and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (31)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:79871

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