Show simple item record

dc.contributor.authorSingh, Tarlok
dc.date.accessioned2017-08-17T01:49:08Z
dc.date.available2017-08-17T01:49:08Z
dc.date.issued2015
dc.identifier.issn1524-5861
dc.identifier.doi10.1515/gej-2014-0009
dc.identifier.urihttp://hdl.handle.net/10072/141341
dc.description.abstractThis study examines the effects of international trade and investment on output and tests the null hypothesis of Granger non-causality among trade, investment and economic growth in Canada. The long-run model is estimated using several single-equation and system estimators to assess the robustness of results across methodologies. The single-equation, OLSEG, GMM, DOLS, NLLS and FMOLS, estimates of the model provide consistent support for the positive and significant long-run effects of exports and investment on output. The ML system estimates cross-validate the cointegrating relationship and reinforce the positive effects of exports and investment and the negative effects of imports on output. The over-parameterized level-VAR estimates suggest unidirectional Granger-causality from exports, imports and investment each to output. The estimates of the model with structural breaks support the long-run relationship, though the evidence is not unambiguous ubiquitously across all the tests. The evidence supporting the positive and significant long-run effects overwhelms the evidence providing weak or no support for the effects of trade on output. The results underline the need for the acceleration of exports (and investment) to offset the demand-reducing effects of imports and escalate the altitudes of output and economic growth.
dc.description.peerreviewedYes
dc.languageEnglish
dc.language.isoeng
dc.publisherWalter de Gruyter GmbH
dc.relation.ispartofpagefrom361
dc.relation.ispartofpageto407
dc.relation.ispartofissue3
dc.relation.ispartofjournalGlobal Economy Journal
dc.relation.ispartofvolume15
dc.subject.fieldofresearchApplied Economics not elsewhere classified
dc.subject.fieldofresearchApplied Economics
dc.subject.fieldofresearchcode140299
dc.subject.fieldofresearchcode1402
dc.titleTrade Openness and Economic Growth in Canada: An Evidence from Time-Series Tests
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
dc.description.versionVersion of Record (VoR)
gro.facultyGriffith Business School, Department of Accounting, Finance and Economics
gro.rights.copyright© 2015 De Gruyter. The attached file is reproduced here in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.
gro.hasfulltextFull Text
gro.griffith.authorSingh, Tarlok


Files in this item

This item appears in the following Collection(s)

  • Journal articles
    Contains articles published by Griffith authors in scholarly journals.

Show simple item record