Does Export Trading Influence Economic Growth In Ghana?
Journal Title: Journal of Empirical Economics - Year 2015, Vol 4, Issue 1
Abstract
The paper uses annual data to analyse the link between export and economic growth for Ghana for the period 1960 to 2012 using Autoregressive Distributed Lag (ARDL) Model and Granger Predictability test. Using Microfit and Gretl software the results indicate significant positive link between export and economic growth though the long run export elasticity of growth is insignificant but positive. There is bidirectional Granger causality link between export and economic growth in a trivariate model. The policy implications of the results suggest the decline in export will not be deleterious to the economic growth of Ghana for the period under discussion. Future studies should consider the issues of structural breaks.
Authors and Affiliations
Cosmos Antwi-Boateng
Keywords
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