Are export and import cointegrated? Evidence from 22 least developed countries

Narayan, S and Narayan, P 2005, 'Are export and import cointegrated? Evidence from 22 least developed countries', Applied Economics Letters, vol. 12, no. 6, pp. 375-378.


Document type: Journal Article
Collection: Journal Articles

Title Are export and import cointegrated? Evidence from 22 least developed countries
Author(s) Narayan, S
Narayan, P
Year 2005
Journal name Applied Economics Letters
Volume number 12
Issue number 6
Start page 375
End page 378
Total pages 4
Publisher Routledge
Abstract The aim of this article is to investigate whether there is a long-run relationship (cointegration) between exports and imports for 22 least developed countries (LDCs). This is an important issue, for evidence of cointegration will ensure that trade imbalances are sustainable. The article explores this issue using the bounds testing approach to cointegration. The results indicate that exports and imports are cointegrated only for six out of the 22 countries, and the coefficient on exports is less than one.
Subject Economic Development and Growth
Keyword(s) cointegration analysis
developing world
export
import
trade relations
DOI - identifier 10.1080/13504850500067774
Copyright notice © 2005 Taylor & Francis Group Ltd.
ISSN 1350-4851
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Citation counts: TR Web of Science Citation Count  Cited 32 times in Thomson Reuters Web of Science Article | Citations
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