Foreign Trade and Economic Growth Relationship: Empirical Evidence from Libya
نویسندگان
چکیده
This study aims investigate the short- and long-run causal relationship between foreign trade economic growth in Libya over period of 1990 - 2017. employs Johansen co-integration test, error correction model (VECM), Wald test to meet objective study. The variables utilised this are gross domestic product (GDP) rate, exports imports; data is extracted from various sources such as Libyan Central Bank Ministry Planning. results indicate there a Libya. In vein, short-run causality running imports toward growth.
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ژورنال
عنوان ژورنال: International journal of academic research in business & social sciences
سال: 2021
ISSN: ['2308-3816', '2222-6990']
DOI: https://doi.org/10.6007/ijarbss/v11-i4/9659