The relationship between Export, Import, Domestic Investment and Economic Growth in Egypt: Empirical Analysis

This paper investigates the relationship between exports, imports, domestic investment and economic growth in Egypt. In order to achieve this purpose, annual data for the periods between 1965 and 2015 was tested by using Johansen co-integration analysis of Vector Error Correction Model to explore the long run and the short run relationships between these variables. The empirical results indicate that in the long run domestic investment and exports have negative impact on economic growth, however imports have positive effect on economic growth. In the short run, empirical analyses show that only imports cause economic growth. These findings present the critical situation of Egypt, which requires an entry of urgent economic reform

Reinvest the relationship between exports and economic growth in African countries: New insights from innovative econometric methods

This research examined the relationship between exports and economic growth in Africa. It employed many innovation econometric methods including Panel FMOLS and DOLS Estimates; Panel VECM; Panel ARDL Model; Pooled OLS, Random Effect Model, Fixed Effect Model and Hausman Test; Panel Pairwise Granger Causality Tests; Panel Toda-Yamamoto Causality Test; and Panel GMM Model. The findings suggested that the estimates of each model prove that there is a positive bidirectionnel relationship between exports and economic growth. Data includes 49 African countries for the period 1960–2018. These empirical results have some notable policy implications

Appraisal of Trade Potency on Economic Growth in Sudan: New Empirical and Policy Analysis

This paper investigates the relationship between domestic investment, exports, imports, and economic growth in Sudan. In order to achieve this purpose, annual data were collected from the reports of World Bank for the periods between 1976 and 2015, was tested by using Augmented Dickey-Fuller (ADF) and Phillip-Perron (PP) stationary test, co integration analysis of Vector Error Correction Model and the Granger-Causality tests. According to the result of the analysis, unit root tests show that economic growth, domestic investment, exports and imports series become stationary when first difference is considered. Also, it was determined by using co integration analysis that there is relationship between the four variables in Sudan. Also, and according to the Vector Error Correction Model, there is no relationship between variables in the long run term. On the other hand, and according to the Granger-Causality tests, we defined that in the short run term, only economic growth cause domestic investment. These results provide evidence that Reforms and measures in economic strategies are still insufficient to make trade and domestic investment able to boost the Sudan's economy

Why is South Africa Still a Developing Country?

Despite the abundance of goods and natural resources that characterize South Africa, and despite the remarkable progress in the field of industry and manufacturing, it is still in the list of developing countries. The aim of this article is to re-examine the causes of this node by studying the basic pillars for the creation of solid economic growth as is the case for all developing countries by looking at the impact of domestic investment, exports and imports on South Africa's economic growth in the short and long term. Our empirical analyses show that imports present the main barrier of prosperity and progress in South Africa

Appraisal of Trade Potency on Economic Growth in Sudan: New Empirical and Policy Analysis

This paper investigates the relationship between domestic investment, exports, imports, and economic growth in Sudan. In order to achieve this purpose, annual data were collected from the reports of World Bank for the periods between 1976 and 2015, was tested by using Augmented Dickey-Fuller (ADF) and Phillip-Perron (PP) stationary test, co integration analysis of Vector Error Correction Model and the Granger-Causality tests. According to the result of the analysis, unit root tests show that economic growth, domestic investment, exports and imports series become stationary when first difference is considered. Also, it was determined by using co integration analysis that there is relationship between the four variables in Sudan. Also, and according to the Vector Error Correction Model, there is no relationship between variables in the long run term. On the other hand, and according to the Granger-Causality tests, we defined that in the short run term, only economic growth cause domestic investment. These results provide evidence that Reforms and measures in economic strategies are still insufficient to make trade and domestic investment able to boost the Sudan's economy

Trade and Economic Growth in Germany

The nexus between trade and economic growth in Germany has been widely debated given to the high economic status compared to most countries in the world. This paper investigates the relationship between exports, imports, and economic growth in Germany. In order to achieve this purpose, annual data were collected from the reports of World Bank for the periods between 1985 and 2015, was tested by using Augmented Dickey-Fuller (ADF) and Phillip-Perron (PP) stationary test, co integration analysis of Vector Auto Regression Model and the Granger-Causality tests. According to the result of the analysis, unit root tests show that economic growth, exports and imports series become stationary when first difference is considered. Also, it was determined by using co integration analysis of Vector Auto Regression Model that there is no relationship between the three variables in Germany. On the other hand, and according to the Granger-Causality tests, we defined that there is unidirectional causality between exports and imports and between exports and economic growth. In addition, we found that there is a strong evidence of bidirectional causality from import to economic growth. These results provide evidence that exports and imports, thus, are seen as the source of economic growth in Germany

If France continues this strategy, taxes will destroy domestic investment and economic growth

The aim of this article is to study empirically the nexus between tax revenue, domestic investment and economic growth in France, since it's never been done before. In addition, there were many problems and repercussions that criticized France's tax policy and its danger to the economic structure, which encourages us to do this research. To attempt this objective, annual data for the period 1972 - 2016 was tested by using correlation analysis and estimation based on vector error correction model. Our results suggest that in the long run there is a negative relationship between tax revenue, domestic investment and economic growth. It is seen that the strategy tax policy of France is not safe for domestic investment and economic growth. For this reason, immediate intervention should be encouraged to carry out the necessary measures before the situation becomes more disastrous

Impact of Exports and Imports on Economic Growth in Canada: Empirical Analysis Based on Causality

This paper investigates the relationship between exports, imports, and economic growth in Canada. In order to achieve this purpose, annual data for the periods between 1990 and 2015 was tested by using Johansen co-integration analysis of Vector Auto Regression Model and the Granger-Causality tests. According to the result of the analysis, it was determined that there is no relationship between exports, imports and economic growth in Canada. On the other hand, we found that there is a strong evidence of bidirectional causality from imports to economic growth and from exports to economic growth. These results provide evidence that exports and imports, thus, are seen as the source of economic growth in Canada

The Impact of Natural resources, CO2 Emission, Energy use, Domestic Investment, Innovation, Trade and Digitalization on Economic growth: Evidence from 52 African Countries

The aim of this paper is to examine the impact of natural resources, CO2 emission, energy use, domestic investment, innovation, trade, and digitalization on economic growth in the case of 52 African Countries. To attempt our goal, we used annual data of 52 African countries for the period 1996 to 2021 which was estimated by using random effect model, fixed effect model and Hausman test. Empirical results indicate that domestic investment, exports, natural resources and final consumption expenditure have a positive impact on economic growth. Also, we found that labor force, imports and energy use have a negative effect on economic growth. However, we found that CO2 emission, innovation and internet use don’t have any effect on economic growth. The study recommends vital policies that should focus on promoting domestic investment, exports, natural resources, and final consumption to stimulate economic growth in African countries. Similarly, it recommends creating new strategies to manage the role of the active population, imports, energy consumption, CO2 emissions, innovation, and digitalization to make their effects influential in improving the economic growth

The Impact of Vegetables Exports on Economic Growth in Tunisia

The aim of this paper is to investigate the long run term and the short run term impacts of vegetables exports on economic growth of Tunisia. In order, to achieve this purpose, annual data were collected from the reports of World Bank for the periods between 1970 and 2015, was tested by using Correlation Analysis, Augmented Dickey-Fuller (ADF) and Phillip-Perron (PP) stationary test, co integration analysis of Vector Error Correction Model. According to the result of the analysis, vegetables exports have a positive effect on economic growth in the long run term and in the short run term. These results provide on evidence that vegetables exports, thus, are seen as source of economic growth in Tunisia. For this reason, it is very important to refine investment in this sector