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The Relationship between Export and Economic Growth in Libya Arab Jamahiriya

Year: 2010

Type: article

Abstract: This study investigates the relationships between export and economic growth in Libya. An econometric model has been developed and estimated in order to determine the direction of causality in both, short and long run. The annual time series used for the estimation cover the time period 1980 – 2007. The findings indicate that the income, exports and relative prices are cointegrated. The long run bidirectional causality between the exports and income growth has been also proved. The study result indicates that the export promotion policy contributes to the economic growth in Libya.

Source: RePEc: Research Papers in Economics

Authors: Khaled R.M. ELBEYDI, Abdulbaset M. HAMUDA, Vladimir GAZDA

Institutions: University of Tripoli, Technical University of Košice

Language: English

Topic: Global trade and economics

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W2167868073

FWCI: 4.306

Cites: 21

Cited by: 61

Related to: 10