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Title: | Testing long run relationship between exports and imports: evidence from Ghana |
Authors: | Annan, Francis t Acquah, Henry De-Graf |
Keywords: | Foreign deficit Sustainability Exports Imports Co integration |
Issue Date: | Dec-2011 |
Publisher: | University of Cape Coast |
Abstract: | This study examines the long-run relationship between exports and imports for the Ghanaian economy for the period of 1948 to 2010. Empirically, we find that Ghana’s exports and imports are cointegrated using Granger and Engle (1987) two-step procedure. However, the slope coefficients from the cointegration equations were not statistically equal to 1 and the equilibrium relationship further indicates that the economy of Ghana imports more than 1 dollar to get 1-dollar exports revenue. Conclusively, the sustainability of Ghana’s foreign deficit is doubtful |
Description: | 7p:, ill. |
URI: | http://hdl.handle.net/123456789/4361 |
ISSN: | 23105496 |
Appears in Collections: | Department of Agricultural Economics & Extension |
Files in This Item:
File | Description | Size | Format | |
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Testing Long Run Relationship between Exports and Imports Evidence from Ghana.pdf | Article | 493.81 kB | Adobe PDF | View/Open |
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