期刊名称：International Journal of Academic Research in Business and Social Sciences
电子版ISSN：2222-6990
出版年度：2021
卷号：11
期号：2
页码：832-846
DOI：10.6007/IJARBSS/v11-i2/8896
语种：English
出版社：Human Resource Management Academic Research Society
摘要：The objective of this study is to identify the impact of trade liberalization on economic growth in Japan. Annual data are utilized from 1985 to 2016 via on Autoregressive Distributed Lag Model (ARDL) Cointegration test and Vector Error Correction Model (VECM) based Granger causality. The findings from unit root tests revealed that all the variables of mixed results whereby they are integrated at I(0) and I(1) and could proceed to the ARDL Cointegration test. Furthermore, all the variables have long-run relationships between trade openness, investment, education, inflation and economic growth in Japan. However, this study found a significant positive of trade openness and investment on economic growth in the long run. Lastly, VECM based Granger causality showed some of the causality relationships between variables in the short run for Japan.
