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Long Run Relationship Between Economic Growth, Export, Population And Investment Of Ethiopia

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  • Leta, M.
  • Zemedkun, L.

Abstract

The objective of this study is to examine the long-run relationship between economic growth, population, export, and investment in Ethiopia using annual data collected from the World development indicator, and FAOSTAT for 18 years from 1990-2007 E.C. Co integration and Granger Causality test. Stationary properties of the data and the order of integration of the data were tested using the Augmented Dickey-Fuller (ADF) test. Variables were non-stationary at levels but stationary in first differences. The long-run effects of Population, export and investment on Economic growth indicated that these variables are positively related to economic growth and statistically significant at 1% level.

Suggested Citation

  • Leta, M. & Zemedkun, L., 2018. "Long Run Relationship Between Economic Growth, Export, Population And Investment Of Ethiopia," International Journal of Agricultural Research, Innovation and Technology (IJARIT), IJARIT Research Foundation, vol. 8(2), December.
    • Handle: RePEc:ags:ijarit:305459
    DOI: 10.22004/ag.econ.305459
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    References listed on IDEAS

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    3. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    4. Tsangyao Chang & Steven Caudill, 2005. "Financial development and economic growth: the case of Taiwan," Applied Economics, Taylor & Francis Journals, vol. 37(12), pages 1329-1335.
    5. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
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    Cited by:

    1. Cristina CRISTE & Ciel BOVARY (MAN) & Nicoleta-Claudia MOLDOVAN & Raluca RĂCĂTĂIAN & Oana-Ramona LOBONȚ, 2024. "Eu Capacity To Bolster And Stimulate Research And Innovation: Who Is The Leader In Development?," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 19(2), pages 60-77, August.

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