Causality and Cointegration Between Export, Import and Economic Growth: Evidence from Morocco

Aicha El Alaoui

doi:doi:10.11648/j.jwer.20150403.14

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Causality and Cointegration Between Export, Import and Economic Growth: Evidence from Morocco

Aicha El Alaoui

Published in Journal of World Economic Research (Volume 4, Issue 3)

Received: 22 May 2015 Accepted: 28 May 2015 Published: 9 June 2015

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Abstract

This article investigates the relationship between export, import and economic growth using annual time series data for the Moroccan economy over the period 1980-2013. The cointegration technique has been employed to see the long run equilibrium relationship among variables. For this end, Granger causality test based on vector error correction model (VECM) has been adopted to see both short and long run causality among the variables. The cointegration results confirm the existence of the long-run relationship among these variables. For the short-run causality, the findings suggest (i) bidirectional causality between economic growth and import, (ii) unidirectional causality that run from export to import, and (iii) no-directional causality between economic growth and export.

Published in	Journal of World Economic Research (Volume 4, Issue 3)
DOI	10.11648/j.jwer.20150403.14
Page(s)	83-91
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2015. Published by Science Publishing Group

Keywords

Economic Growth, Export, Import, Granger Causality, Cointegration, VECM

References

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APA Style

Aicha El Alaoui. (2015). Causality and Cointegration Between Export, Import and Economic Growth: Evidence from Morocco. Journal of World Economic Research, 4(3), 83-91. https://doi.org/10.11648/j.jwer.20150403.14

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ACS Style

Aicha El Alaoui. Causality and Cointegration Between Export, Import and Economic Growth: Evidence from Morocco. J. World Econ. Res. 2015, 4(3), 83-91. doi: 10.11648/j.jwer.20150403.14

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AMA Style

Aicha El Alaoui. Causality and Cointegration Between Export, Import and Economic Growth: Evidence from Morocco. J World Econ Res. 2015;4(3):83-91. doi: 10.11648/j.jwer.20150403.14

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@article{10.11648/j.jwer.20150403.14,
  author = {Aicha El Alaoui},
  title = {Causality and Cointegration Between Export, Import and Economic Growth: Evidence from Morocco},
  journal = {Journal of World Economic Research},
  volume = {4},
  number = {3},
  pages = {83-91},
  doi = {10.11648/j.jwer.20150403.14},
  url = {https://doi.org/10.11648/j.jwer.20150403.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jwer.20150403.14},
  abstract = {This article investigates the relationship between export, import and economic growth using annual time series data for the Moroccan economy over the period 1980-2013. The cointegration technique has been employed to see the long run equilibrium relationship among variables. For this end, Granger causality test based on vector error correction model (VECM) has been adopted to see both short and long run causality among the variables. The cointegration results confirm the existence of the long-run relationship among these variables. For the short-run causality, the findings suggest (i) bidirectional causality between economic growth and import, (ii) unidirectional causality that run from export to import, and (iii) no-directional causality between economic growth and export.},
 year = {2015}
}

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TY  - JOUR
T1  - Causality and Cointegration Between Export, Import and Economic Growth: Evidence from Morocco
AU  - Aicha El Alaoui
Y1  - 2015/06/09
PY  - 2015
N1  - https://doi.org/10.11648/j.jwer.20150403.14
DO  - 10.11648/j.jwer.20150403.14
T2  - Journal of World Economic Research
JF  - Journal of World Economic Research
JO  - Journal of World Economic Research
SP  - 83
EP  - 91
PB  - Science Publishing Group
SN  - 2328-7748
UR  - https://doi.org/10.11648/j.jwer.20150403.14
AB  - This article investigates the relationship between export, import and economic growth using annual time series data for the Moroccan economy over the period 1980-2013. The cointegration technique has been employed to see the long run equilibrium relationship among variables. For this end, Granger causality test based on vector error correction model (VECM) has been adopted to see both short and long run causality among the variables. The cointegration results confirm the existence of the long-run relationship among these variables. For the short-run causality, the findings suggest (i) bidirectional causality between economic growth and import, (ii) unidirectional causality that run from export to import, and (iii) no-directional causality between economic growth and export.
VL  - 4
IS  - 3
ER  -

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Author Information

Aicha El Alaoui

Polyvalent Laboratory of Research and Development, (PLRD) BeniMellal, University Sultan My Slimane, BeniMellal, Morocco

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APA Style

Aicha El Alaoui. (2015). Causality and Cointegration Between Export, Import and Economic Growth: Evidence from Morocco. Journal of World Economic Research, 4(3), 83-91. https://doi.org/10.11648/j.jwer.20150403.14

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ACS Style

Aicha El Alaoui. Causality and Cointegration Between Export, Import and Economic Growth: Evidence from Morocco. J. World Econ. Res. 2015, 4(3), 83-91. doi: 10.11648/j.jwer.20150403.14

Copy | Download

AMA Style

Aicha El Alaoui. Causality and Cointegration Between Export, Import and Economic Growth: Evidence from Morocco. J World Econ Res. 2015;4(3):83-91. doi: 10.11648/j.jwer.20150403.14

Copy | Download

@article{10.11648/j.jwer.20150403.14,
  author = {Aicha El Alaoui},
  title = {Causality and Cointegration Between Export, Import and Economic Growth: Evidence from Morocco},
  journal = {Journal of World Economic Research},
  volume = {4},
  number = {3},
  pages = {83-91},
  doi = {10.11648/j.jwer.20150403.14},
  url = {https://doi.org/10.11648/j.jwer.20150403.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jwer.20150403.14},
  abstract = {This article investigates the relationship between export, import and economic growth using annual time series data for the Moroccan economy over the period 1980-2013. The cointegration technique has been employed to see the long run equilibrium relationship among variables. For this end, Granger causality test based on vector error correction model (VECM) has been adopted to see both short and long run causality among the variables. The cointegration results confirm the existence of the long-run relationship among these variables. For the short-run causality, the findings suggest (i) bidirectional causality between economic growth and import, (ii) unidirectional causality that run from export to import, and (iii) no-directional causality between economic growth and export.},
 year = {2015}
}

Copy | Download

TY  - JOUR
T1  - Causality and Cointegration Between Export, Import and Economic Growth: Evidence from Morocco
AU  - Aicha El Alaoui
Y1  - 2015/06/09
PY  - 2015
N1  - https://doi.org/10.11648/j.jwer.20150403.14
DO  - 10.11648/j.jwer.20150403.14
T2  - Journal of World Economic Research
JF  - Journal of World Economic Research
JO  - Journal of World Economic Research
SP  - 83
EP  - 91
PB  - Science Publishing Group
SN  - 2328-7748
UR  - https://doi.org/10.11648/j.jwer.20150403.14
AB  - This article investigates the relationship between export, import and economic growth using annual time series data for the Moroccan economy over the period 1980-2013. The cointegration technique has been employed to see the long run equilibrium relationship among variables. For this end, Granger causality test based on vector error correction model (VECM) has been adopted to see both short and long run causality among the variables. The cointegration results confirm the existence of the long-run relationship among these variables. For the short-run causality, the findings suggest (i) bidirectional causality between economic growth and import, (ii) unidirectional causality that run from export to import, and (iii) no-directional causality between economic growth and export.
VL  - 4
IS  - 3
ER  -

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