Are exports and imports cointegrated? Evidence from 22 least developed countries

Narayan, Paresh Kumar and Narayan, Seema 2005, Are exports and imports cointegrated? Evidence from 22 least developed countries, Applied economics letters, vol. 12, no. 6, pp. 375-378.

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Title Are exports and imports cointegrated? Evidence from 22 least developed countries
Author(s) Narayan, Paresh Kumar
Narayan, Seema
Journal name Applied economics letters
Volume number 12
Issue number 6
Start page 375
End page 378
Total pages 4
Publisher Routledge
Place of publication London, England
Publication date 2005-05
ISSN 1350-4851
Summary The aim of this article is to investigate whether there is a long-run relationship (cointegration) between exports and imports for 22 least developed countries (LDCs). This is an important issue, for evidence of cointegration will ensure that trade imbalances are sustainable. The article explores this issue using the bounds testing approach to cointegration. The results indicate that exports and imports are cointegrated only for six out of the 22 countries, and the coefficient on exports is less than one.
Language eng
Field of Research 140212 Macroeconomics (incl Monetary and Fiscal Theory)
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2005, Taylor and Francis
Persistent URL http://hdl.handle.net/10536/DRO/DU:30024690

Document type: Journal Article
Collection: School of Accounting, Economics and Finance
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