Impact of International Trade on Economic Growth in Kenya

نویسندگان

چکیده

This paper investigates the impact of international trade on economic growth Kenya by using autoregressive distributive lag model (ARDL) approach with long-run and short-run coefficients, bound tests, an error correction model. The study further adopts significant exchange rate, export, import, gross domestic product (GDP) effects Kenyan growth. augmented dickey Fuller (ADF) test for unit root revealed that series was a different order, differing at level first to check stationarity meet intended goals. Data sources included World Bank IMF data from 1970 2019. result rate import are positively associated (GDP), is positive statistically significant, export negatively related insignificant. To boost exports, must continue its bilateral, regional, activities; offer technical funding provisions micro, small, medium-sized initiatives in value chains companies manufacturing identified talented goods; support progress market- product-specific initiatives.

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ژورنال

عنوان ژورنال: International journal of economics and finance

سال: 2023

ISSN: ['1916-9728', '1916-971X']

DOI: https://doi.org/10.5539/ijef.v15n3p13