Long run relationship between economic growth, export, population and investment of Ethiopia

Authors

  • M Leta PhD Fellow, Department of Agricultural Economics, College of Agriculture and Environmental Science, Haramaya University, Ethiopia
  • L Zemedkun Assistant Professor, Department of Agricultural Economics, College of Agriculture and Environmental Science, Haramaya University, Ethiopia

DOI:

https://doi.org/10.3329/ijarit.v8i2.40557

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.

Int. J. Agril. Res. Innov. & Tech. 8 (2): 61-69, December, 2018

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Published

2018-12-31

How to Cite

Leta, M., & Zemedkun, L. (2018). Long run relationship between economic growth, export, population and investment of Ethiopia. International Journal of Agricultural Research, Innovation and Technology, 8(2), 61–69. https://doi.org/10.3329/ijarit.v8i2.40557

Issue

Vol. 8 No. 2 (2018)

Section

Articles

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