Do coffee exports have impact on long-term economic growth of countries?
The present paper aims to investigate the impact of coffee exports on long-term economic growth in an open economy for 32 countries exporting coffee over the period of 1994–2013. The study applied a dynamic panel Auto-Regressive Distributive Lag (ARDL) modelling approach with estimators. All variabl...
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Published in | Agricultural economics (Praha) Vol. 65; no. 8; pp. 385 - 393 |
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Main Authors | , , , |
Format | Journal Article |
Language | English |
Published |
Prague
Czech Academy of Agricultural Sciences (CAAS)
01.01.2019
Czech Academy of Agricultural Sciences |
Subjects | |
Online Access | Get full text |
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Summary: | The present paper aims to investigate the impact of coffee exports on long-term economic growth in an open economy for 32 countries exporting coffee over the period of 1994–2013. The study applied a dynamic panel Auto-Regressive Distributive Lag (ARDL) modelling approach with estimators. All variables involved in the specified model were found to be stationary of order I (1) at a first difference. The Pooled Mean-Group (PMG) long-run results suggest the presence of a significant positive effect of coffee exports on economic growth. The empirical findings of the study suggest policy implications, promoting the coffee sector to boost the countries’ economy. |
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ISSN: | 0139-570X 1805-9295 |
DOI: | 10.17221/283/2018-AGRICECON |