期刊名称:Journal of Economics and Sustainable Development
印刷版ISSN:2222-2855
电子版ISSN:2222-2855
出版年度:2017
卷号:8
期号:20
页码:161-169
语种:English
出版社:The International Institute for Science, Technology and Education (IISTE)
摘要:This paper applies the Dynamic Ordinary Least Squares (DOLS) technique to panel data from1990 to 2015 to provide empirical evidence on the long run relationship between trade openness and economic growth in for the East African (EAC) member countries. The paper find negative relationship between tarde openness and economic growth but statistical significant at 5%. The granger causality test results have shown the existence of a unidirectional causality freom from economic growth to trade oppeness.
其他摘要:This paper applies the Dynamic Ordinary Least Squares (DOLS) technique to panel data from1990 to 2015 to provide empirical evidence on the long run relationship between trade openness and economic growth in for the East African (EAC) member countries. The paper find negative relationship between tarde openness and economic growth but statistical significant at 5%. The granger causality test results have shown the existence of a unidirectional causality freom from economic growth to trade oppeness. Keywords: Trade Openness; Economic Growth; DOLS; Granger Causality