Long run relationship between economic growth, export, population and investment of Ethiopia
Journal: International Journal of Agricultural Research, Innovation and Technology (IJARIT) (Vol.8, No. 2)Publication Date: 2018-12-31
Authors : M Leta L Zemedkun;
Page : 61-69
Keywords : Economic; growth; Annual GDP; Population; Investment;
Abstract
The objective of this study is to examine the long-run relationship between economic growth, population, export, and investment in Ethiopia using annual data collected from the World development indicator, and FAOSTAT for 18 years from 1990-2007 E.C. Co integration and Granger Causality test. Stationary properties of the data and the order of integration of the data were tested using the Augmented Dickey-Fuller (ADF) test. Variables were non-stationary at levels but stationary in first differences. The long-run effects of Population, export and investment on Economic growth indicated that these variables are positively related to economic growth and statistically significant at 1% level.
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