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Impact de la diversification des exportations sur la croissance économique: Cas de la Tunisie

Dahmani, Mounir (2021): Impact de la diversification des exportations sur la croissance économique: Cas de la Tunisie. Published in: International Journal of Innovation and Applied Studies , Vol. 33, No. 3 (30 August 2021): pp. 502-514.

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Abstract

The relationship between export diversification and economic growth has been widely discussed in the economic literature, although there is currently no clear consensus on the subject. This study analyzes the dynamic relationship between export diversification and economic growth in Tunisia, through the cointegration analysis based on an autoregressive distributed lag (ARDL) bounds testing approach with annual data for the period 1991-2017. The results show that growth based on export diversification is relevant for Tunisia. The econometric study has shown that investment, export diversification, increase in exported products and quality of life have a positive effect on economic growth, while financial development has a negative impact in the long term. However, the short-term impact of export diversification is more limited. The findings have economic policy implications for policymakers seeking to strengthen and improve the export diversification, stability, and economic growth of their economies.

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