IDEAS home Printed from https://ideas.repec.org/a/taf/applec/v51y2019i25p2687-2702.html
   My bibliography  Save this article

Causal relationship between apparel exports and macroeconomic factors

Author

Listed:
  • Md Samsul Alam
  • E A Selva Selvanathan
  • Saroja Selvanathan
  • Moazzem Hossain

Abstract

Apparel exports make a significant contribution to economic growth in major apparel exporting economies such as Bangladesh, Sri Lanka and Vietnam. This study aims to investigate the causal relationship between apparel export growth and its determinants such as GDP growth, infrastructure, financial development, foreign direct investment (FDI) and labour productivity using panel data from 11 major apparel exporting countries for the period 1996 to 2013. The results confirm a long-run equilibrium association among the variables and reveal that GDP growth, infrastructure, financial development, FDI, and labour productivity have a significant positive influence on apparel export growth. Furthermore, the heterogeneous panel non-causality test results suggest that GDP growth, infrastructure and labour productivity contribute to apparel export growth in the short-run. These findings have several policy implications for the governments of the countries under study.

Suggested Citation

  • Md Samsul Alam & E A Selva Selvanathan & Saroja Selvanathan & Moazzem Hossain, 2019. "Causal relationship between apparel exports and macroeconomic factors," Applied Economics, Taylor & Francis Journals, vol. 51(25), pages 2687-2702, May.
    • Handle: RePEc:taf:applec:v:51:y:2019:i:25:p:2687-2702
    DOI: 10.1080/00036846.2018.1527447
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00036846.2018.1527447
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00036846.2018.1527447?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. KURUL, Zühal, 2021. "The Effects of Financial Development on Trade Openness: Evidence from Panel Threshold Regression Models," Bulletin of Economic Theory and Analysis, BETA Journals, vol. 6(1), pages 53-68, June.
    2. Sarmin Akter, 2024. "Examining the Trends, Prospects, and Future Challenges of Bangladesh's Apparel Export to the Global Market," International Journal of Science and Business, IJSAB International, vol. 32(1), pages 47-64.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:applec:v:51:y:2019:i:25:p:2687-2702. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEC20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.