Bhatt, P.R. - In: Applied Econometrics and International Development 13 (2013) 2, pp. 183-196
between exports, FDI and GDP. Vector autoregression model (VAR) is adopted to estimate the long run causal relationship among … exports, foreign direct investment and GDP. The cointegration test result shows that there exist a long run equilibrium … relationship among exports, FDI and GDP. In the estimated error correction model, FDI is a significant variable and the result …