Exports and economic growth in Sub-Saharan Africa: New insights from innovative econometric methods
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 sugge...
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Format: | Article |
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Taylor & Francis
2018
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Subjects: | |
Online Access: | http://eprints.um.edu.my/22056/ https://doi.org/10.1080/09638199.2018.1455890 |
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Institution: | Universiti Malaya |
Summary: | 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. |
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