Exports and economic growth in Sub-Saharan Africa: New insights from innovative econometric methods
Document Type
Article
Publication Date
1-1-2018
Abstract
This study examined the relationship between exports and economic growth in Sub-Saharan Africa. It employed innovative econometric methods, including the Fourier ADF with structural break test, a comparative analysis of three causality tests and a rolling causality test procedure. The findings suggested that there was a statistically significant relationship between exports and economic growth in several Sub-Saharan countries. However, the causal linkages between exports and economic growth in these countries were found to be weak and unstable. These empirical results have some notable policy implications.
Keywords
Export, economic growth, nonlinear, structural break, rolling causality test
Divisions
aei
Publication Title
The Journal of International Trade & Economic Development
Volume
27
Issue
7
Publisher
Taylor & Francis