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Developing countries, of which Ghana is no exception have actively engaged in trade openness after independence, yet, their economic growth remains low and this calls for urgent attention to address the situation. This study therefore examines the impact of trade openness on economic growth of...
Persistent link: https://www.econbiz.de/10013179542
Using data covering the period from 1983 to 2019, we apply the autoregressive distributed lag (ARDL) bound testing approach to investigate whether trade openness has spurred economic growth in Uganda. The extant literature shows that trade openness increases economic growth, but this empirical...
Persistent link: https://www.econbiz.de/10013184444
Sectors are the engines of economic growth in any economy making inter-sectoral linkages the most significant target for development practitioners and policymakers. This study examines and ascertains the magnitude of production and consumption inter-sectoral linkages in Uganda's economy....
Persistent link: https://www.econbiz.de/10014503063
This study examines the relationship between income inequality and economic growth in South Africa for the period 1989 to 2018. The study is motivated by the high disparity in income inequality and stagnant economic growth that South Africa is experiencing. Using the autoregressive distributed...
Persistent link: https://www.econbiz.de/10014503148
bounds test to cointegration and the Toda and Yamamoto Granger causality tests. The results show that trade openness has …
Persistent link: https://www.econbiz.de/10011881232
series data from 1996-2015. The study employs the Autoregressive Distributed Lag bounds testing approach to cointegration and …
Persistent link: https://www.econbiz.de/10014502989
2020 using the ARDL cointegration method. The results reveal that FDI, the interactive variable of FDI and trade openness … for economic stability, and return on investment are responsible for Namibia's economic growth. The article confirms the …
Persistent link: https://www.econbiz.de/10014500822
Persistent link: https://www.econbiz.de/10012693993
Persistent link: https://www.econbiz.de/10012586832
The purpose of this paper is to estimate the dynamic impact of trade openness on economic growth in Botswana using the ARDL bounds testing approach. The study employs four different proxies for trade openness, which include trade-based measures and a composite index. The trade-based measures...
Persistent link: https://www.econbiz.de/10013179420