Proceedings of the 2nd International Forum on Management, Education and Information Technology Application (IFMEITA 2017)

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Causality among Exports decomposition and economic Growth in case of two BCIM countries

Authors
Xin Yang, Mostafizur Rahman Md., Yinning He
Corresponding Author
Xin Yang
Available Online February 2018.
DOI
10.2991/ifmeita-17.2018.103How to use a DOI?
Keywords
Export decomposition, tourism receipt, remittance, BCIM countries, Granger causality test.
Abstract

This paper empirically investigated the causal relationship between export decompositions and Economic growth for two BCIM countries mainly China and India. In this paper first we present the upgrading form for export decomposition by adding remittance as an extra factor and then we find out the causality among these variable. Using the time series data for the period 1980-2011 our empirical study showed that in the long run traditional export, tourism and remittance have significant positive effect on the GDP of China and traditional export and remittance have positive significant effect on the GDP of India whereas tourism has positive effect but which is statistically insignificant. Secondly, we find out the causal relationship among these variables by Var Granger Causality test. From the empirical study we found the evidence for unidirectional causality from traditional export to GDP in case of China and from remittance to GDP and traditional export in case of India. Therefore, government should focus on economic policies to promote international tourism and encourages people to go to abroad more.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2nd International Forum on Management, Education and Information Technology Application (IFMEITA 2017)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
February 2018
ISBN
978-94-6252-464-4
ISSN
2352-5398
DOI
10.2991/ifmeita-17.2018.103How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Xin Yang
AU  - Mostafizur Rahman Md.
AU  - Yinning He
PY  - 2018/02
DA  - 2018/02
TI  - Causality among Exports decomposition and economic Growth in case of two BCIM countries
BT  - Proceedings of the 2nd International Forum on Management, Education and Information Technology Application (IFMEITA 2017)
PB  - Atlantis Press
SP  - 591
EP  - 604
SN  - 2352-5398
UR  - https://doi.org/10.2991/ifmeita-17.2018.103
DO  - 10.2991/ifmeita-17.2018.103
ID  - Yang2018/02
ER  -