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Imports and Exports of Pakistan Time Series (1970-2013)

Author

Listed:
  • Zeshan Arshad

    (Department of Economics, University Of Gujrat, Gujrat, Pakistan.)

  • Saba Mukhtar

    (Department of Economics, GCW University Sialkot, Sialkot, Pakistan.)

  • Amina Bibi

    (Department of Economics, GCW University Sialkot, Sialkot, Pakistan.)

  • Azeema Zia

    (Department of Economics, GCW University Sialkot, Sialkot, Pakistan.)

Abstract

Purpose: Imports and exports play a vital role for the economic prosperity of the any country. Pakistan is a developing country and facing the trade deficit. In this paper we are trying to find the time series behavior of import and export of Pakistan. Methodology: Unit root test show that data is non stationary. Johansen co-integration indicate that only one co-integration in imports and exports, exist the long run relationship between the both variables (expo, impo). Findings: The bidirectional causality existing in long- run but there is unstable situation in short run of Pakistan import and export. Recommendations: The finding of this paper show that Pakistan is not in violation of its international budget constraints.

Suggested Citation

  • Zeshan Arshad & Saba Mukhtar & Amina Bibi & Azeema Zia, 2015. "Imports and Exports of Pakistan Time Series (1970-2013)," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 3(10), pages 473-478, October.
    • Handle: RePEc:ijr:journl:v:3:y:2015:i:10:p:473-478
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    References listed on IDEAS

    as
    1. Tuck Cheong Tang, 2006. "Are Imports And Exports In The Oic Member Countries Cointegrated? A Reexamination," IIUM Journal of Economics and Management, IIUM Journal of Economis and Management, vol. 14(1), pages 49-79, December.
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    3. Muhammad Wasif Siddiqi & Amjad Ali & Muhammad Irfan Chani, 2014. "Import Demand, Economic Development and Trade Liberalization in Pakistan: An Empirical Analysis," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 3(2), pages 131-141, June.
    4. Haider Mehmood & Amjad Ali & Muhammad Irfan Chani, 2013. "Determination of Aggregate Imports Function: Time Series Evidence for Tunisia," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 1(6), pages 74-82, June.
    5. Mohsen Bahmani-Oskooee & Hyun-Jae Rhee, 1997. "Are Imports and Exports of Korea Cointegrated?," International Economic Journal, Taylor & Francis Journals, vol. 11(1), pages 109-114.
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    7. KONYA, Laszlo & SINGH, Jai Pal, 2008. "Are Indian Exports And Imports Cointegrated?," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 8(2), pages 177-186.
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    More about this item

    Keywords

    Import; Export; Unit root; Johansen; Causality;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade

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