The Long Run and Short Run Impacts of Exports on Economic Growth: Evidence from Gabon

Bakari, Sayef (2017): The Long Run and Short Run Impacts of Exports on Economic Growth: Evidence from Gabon.

Abstract

This study investigates the impact of exports on economic growth in Gabon using annual time series data for the period 1980 - 2015 by implementing cointegration analysis and error correction model. The empirical results show that in the long run, investment and exports affect negatively on economic growth. However, in short run investment and export cause economic growth. These results provide evidence that investment and exports are necessary in Gabon's economy and are presented as an engine of growth since they cause economic growth in the short term. But they are not carried out and treated with a solid and fair manner, which offer new insights into Gabon’s openness policy for promoting economic growth.

• Item Type: MPRA Paper
• Language: English
• Keywords: Exports, Growth, Error-Correction, Openness policy, Gabon.
• Subjects: F - International Economics > F1 - Trade; F - International Economics > F1 - Trade > F11 - Neoclassical Models of Trade; F - International Economics > F1 - Trade > F13 - Trade Policy ; International Trade Organizations; F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade

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