Khattak, Naeem Ur Rehman Khattak and Hussain, Anwar Hussain (2010): Determinants of Exports in Pakistan: An Econometric Analysis (1970-2006). Published in: Journal of Huminities and Social Sciences , Vol. 18, No. 1 (2010): pp. 102-108.
Download (125kB) | Preview
The present study has been conducted in the year 2008 to assess the determinants of exports in Pakistan during 1970-2006 using econometric techniques. Time series data ranging from 1970 to 2006 on total exports, primary commodities exports, semi-manufactures and exports of manufactured goods has been taken from Economic Survey of Pakistan (Statistical Supplement, 2006-07). Augmented Dickey Fuller (ADF) test has been used for checking the stationarity of the data. Furthermore, the Johenson Co-integration test (likelihood ratio statistic) has been used to detect the long-term relationship among the series. The method of ordinary least square has been used to assess the determinants of exports in Pakistan. The results indicate that 1% increase in the exports of primary commodities brings 0.97% increase in total exports in Pakistan. Similarly, 1% increase in the exports of semi-manufactures leads to increase total exports by 0.99%. On similar pattern, 1% increase in the exports of manufactured goods leads to increase total exports by 1%. The coefficients of all the explanatory variables are statistically significant at both 5% and 1% level of significance. It is recommended to increase the exports of primary goods, semi-manufactures and manufactured goods so as make balance of trade favorable.
|Item Type:||MPRA Paper|
|Original Title:||Determinants of Exports in Pakistan: An Econometric Analysis (1970-2006)|
|English Title:||Determinants of Exports in Pakistan: An Econometric Analysis (1970-2006)|
|Keywords:||Determinants; exports; econometric; analysis|
|Subjects:||B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B22 - Macroeconomics
A - General Economics and Teaching > A1 - General Economics > A10 - General
|Depositing User:||ANWAR HUSSAIN|
|Date Deposited:||16. Oct 2012 20:51|
|Last Modified:||12. Feb 2013 19:31|
Arize, A.C. (1999). “The demand for LDC Exports: Estimates from Singapore”. The International Trade Journal, vol.13(4). Pp. 345-370.
Funke, M. and S. Holly (1992). “The Determinants of West German Exports of Manufactures: An Integrated Demand and Supply Approach”, Weltwirtschaftliches Archive, 128(3): 498-512.
Government of Pakistan, (2006-07). Statistical supplement, economic survey, finance division, economic advisor’s wing, Islamabad.
Riedel, J., C. Hall and R. Grawe (1984). “Determinants of Indian Exports Performance in the 1970s”, Weltwirtschaftliches Archive, 120(1): 40-63.
Sharma, K. (2001). “Export Growth in India: Has FDI Played a Role?” at:http://www.econ.yale.edu/~egcenter/
Togan, S. (1993). “How to Assess the Significance of Export Incentives”: An Application to Turkey”, Weltwirtschaftliches Archive, 129 (4): 777-799.