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Erscheinungsjahr: 
2023
Quellenangabe: 
[Journal:] Economies [ISSN:] 2227-7099 [Volume:] 11 [Issue:] 3 [Article No.:] 86 [Year:] 2023 [Pages:] 1-12
Verlag: 
MDPI, Basel
Zusammenfassung: 
This study examines the impact of exports, imports, and trade openness on Namibia's economic growth using the ARDL cointegration method. The results reveal a significant negative relationship between imports and economic growth, while exports and trade openness show positive and significant relationships with economic growth. Moreover, short-term economic growth is driven by exports, imports, and trade openness. The findings suggest that trade liberalisation and export-led growth are crucial for Namibia's economic development. Overall, this study supports the mercantilist theory, which emphasises the importance of participating in global markets by increasing exports and trade.
Schlagwörter: 
ARDL
cointegration
ECM
economic growth
export-led growth
exports
imports
trade openness
unit roots
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