The Nexus between Foreign Trade and Economic Growth in Myanmar (1988 – 2016)

Author : Sann Linn Aung

Volume : IEJ Vol.2 No.(1)

Published Date : June, 2019


This paper attempts to reveal the nexus between the foreign trade and economic growth in Myanmar during 1988-2016. In the study, empirical analysis is applied which indicate to use Augmented Dickey-Fuller (ADF) unit root test, the cointegration test and Vector Error Correction Model (VECM). The cointegration test confirms that there exists a long run relationship between the GDP, export and import and the VECM estimation examines that in the long run, export has significant effect on GDP with the positive while import has a negative effect on the GDP. However, both export and import do not significantly associate with GDP in the short run. Keywords: Export, Import, GDP, Cointegration