Browsing by Author "Macuacua, Eduardo F."

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    Export expansion as determinant of economic growth in Mozambique: a co-integration analysis
    (University of the Western Cape, 2008) Macuacua, Eduardo F.; Makaudze, E.; Dept. of Economics; Faculty of Economics and Management Sciences
    The objective of this study is to empirically examine the export-led growth hypothesis in Mozambique using quarterly time series data over the period of 1987-2004, applying a co-integration analysis, Engle and Granger(1987) Error Correction Model (ECM) and the Granger causality test. The paper explores the causal relationship between economic growth and othe explanatory variables, such as real exports, imports, labour force, gross capital formation, terms of trade, civil war and natural disasters (the last two as dummy variables).