International Journal of Management, Accounting and Economics
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Volume 2, No. 6, June 2015 Pages: 527 - 537
Effects of Exports and Investment on the Economic Growth in Syria
Adel Shakeeb Mohsen
Corresponding author:
adelmhsen[at]hotmail[dot]com
Abstract:
This study attempts to test the effect of exports and investment on the Syrian economy over the period 1960-2010. The cointegration test indicates that GDP is positively and significantly related to exports and investment. The Granger causality test indicates unidirectional causality relationship running from exports to GDP, and bidirectional causality relationships between investment and GDP in the short and long run. The study result indicates that the government's economic policy in enhancing exports and encouraging investment was a successful policy to improve the Syrian economy.
Keywords:
Syria, economic development, growth, exports, investment, VAR
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