Testing the long-run relationship between export and economic growth: Evidence from Namibia.

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dc.contributor.authorNiishinda, Evelina
dc.contributor.authorOgbokor, Cyril A.
dc.date.accessioned2013-08-01T18:26:16Z
dc.date.available2013-08-01T18:26:16Z
dc.date.issued2013
dc.description.abstractThis study investigates the export-economic growth relationship for Namibia. The study was motivated by the contradicting results in the literature of the export and economic growth relationship despite the wide theoretical consensus among researchers that “export expansion is the engine of economic growth.” Namibia was chosen as a case study since the Namibian government also put some weights on export promotion as one of its growth strategies. The study models the relationship through the augmented neoclassical production function framework. The Johansen co-integration test, the vector-error correction model (VECM) and the Granger causality tests were employed to test for the nature of the relationship. The Granger causality test indicates a uni-directional causation from export to economic growth. This allows us to confirm the validity of the export-led growth hypothesis in the case of Namibia. The findings also suggest that economic growth is dependent on export performance in a way. Therefore Namibia can enhance its economic growth by improving upon the competitiveness of its exported items.en_US
dc.identifier.citationNiishinda, E., & Ogbokor, C. A. (2013). Testing the long-run relationship between export and economic growth: Evidence from Namibia. Journal of Emerging Issues in Economics, Finance and Banking, 1(5).en_US
dc.identifier.issn2306-367X
dc.identifier.urihttp://hdl.handle.net/10628/387
dc.language.isoenen_US
dc.publisherJournal of Emerging Issues in Economics, Finance and Banking (JEIEFB)en_US
dc.subjectEconomic growth - Namibiaen_US
dc.subjectExport-Economic growth - Namibiaen_US
dc.subjectExport-led growth hypothesisen_US
dc.subjectError correction modelen_US
dc.titleTesting the long-run relationship between export and economic growth: Evidence from Namibia.en_US
dc.typeArticleen_US

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