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testing approach to cointegration is employed to test the causal relationship between industrial production, exports and terms … of trade. An augmented form of Granger causality analysis is implemented to identify the direction of relationship among … exports to industrial production. …
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possible co-integration and the direction of causality between software services export and non-software miscellaneous services …. Granger Causality Test conducted in a Vector Error Correction Model (VECM) framework revealed unidirectional causality from …
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This paper examines the long-run and short-run relationship between Foreign Direct Investment (FDI) inflows, exports … relationship with economic growth in the long-run and short run. If FDI inflows increase, GDP growth will increase. But for exports …, it has a negative and significant relationship with economic growth in the long-run. If exports increase, the GDP growth …
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