Export and economic growth in Namibia: A granger causality analysis

Andre C. Jordaan, Joel Hinaunye Eita

Research output: Contribution to journalArticlepeer-review

32 Citations (Scopus)

Abstract

The purpose of this paper is to analyse the causality between exports and GDP of Namibia and to evaluate the relationship of these variables for the period 1970 to 2005. Time-series econometric techniques (Granger causality and cointegration) are applied to test the hypothesis of a growth strategy led by exports. It tests whether export Granger causes GDP, or whether the causality runs from GDP to exports, or if there is bi-directional causality between exports and GDP. The results revealed that exports Granger cause GDP and GDP per capita. This suggests that the export-led growth strategy through various incentives has a positive influence on growth.

Original languageEnglish
Pages (from-to)540-547
Number of pages8
JournalSouth African Journal of Economics
Volume75
Issue number3
DOIs
Publication statusPublished - Sept 2007
Externally publishedYes

Keywords

  • Causality
  • Cointegration
  • Economic growth
  • Error correction model
  • Exports

ASJC Scopus subject areas

  • Economics and Econometrics

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