Abstract:
The study examined the causal relationship between export and economic
growth based on monthly data for the period 2010 to 2019. Composite Index
Economic Activity (CIEA) was used as a proxy for real GDP (economic
growth). Time series econometric techniques were employed to explore
long-run and short run relationships as well as the causality between them.
The results revealed the existence of long-run relationships; evidence of
bi-directional causality and a rapid adjustment to equilibrium between real
GDP and exports. Recommendations are that, policy makers should focus on
implementing export oriented policies and promote economic growth to
achieve sustainable development.
