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Does Trade Openness has Noteworthy effect on Bilateral Trade Flows of E.C.O. Countries; an Empirical Investigation
Timisoara Journal of Economics and Business
View Archive Info| Field | Value | |
| Title |
Does Trade Openness has Noteworthy effect on Bilateral Trade Flows of E.C.O. Countries; an Empirical Investigation
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| Creator |
Ali, Gulzar
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| Description |
This study empirically investigated the effect of trade liberalization on the bilateral trade flows of 2 ECO (Pakistan, Turkey and Iran) countries using annual time series data for the period of 1980-2016. The study applied unit root test, bound testing approach and ARDL regression analysis technique to empirically examine the role and impact of trade openness on bilateral trade flows of ECO countries. The empirical results found long-run positive and significant effect of trade openness on bilateral trade flows of ECO countries. Further, the study concluded that trade openness playing an important role in exports as well as in fulfilling the requirements by imports. The findings of the study might provide significant guidelines to policy makers to initiate rules and regulations for the improvement in international trade that might help in attainment of sustainable foreign exchange reserves and economic growth of ECO countries.
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| Publisher |
De Gruyter Open
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| Date |
2017-11-09
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion |
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| Format |
application/pdf
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| Identifier |
http://tjeb.ro/index.php/tjeb/article/view/TJEB9-2-95to114
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| Source |
Timisoara Journal of Economics; Vol 9 No 2 (2016); 95-114
Timisoara Journal of Economics and Business; Vol 9 No 2 (2016); 95-114 2286-0991 |
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| Language |
eng
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| Relation |
http://tjeb.ro/index.php/tjeb/article/view/TJEB9-2-95to114/TJEB-vol9-iss2-art2-95-104
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| Rights |
Copyright (c) 2017 Gulzar Ali
http://www.degruyter.com/view/supplement/s22860991_Open_Access_License.pdf |
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