The Relationship between International Trade and Economic Growth

Purnama, Putri Dewi; Yao, Ming Hung

doi:10.35313/ijabr.v1i02.72

Cited by 8 publications

(3 citation statements)

References 9 publications

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“…International trade encouraged technology transfer and promoted new levels of consumption [10]. International trade is regarded as a tool for sustainable economic growth, as trade makes it possible to generate products and services more economically by shifting the demand for more competitive output [11][12][13]. Considering the importance of agriculture in Bangladesh's GDP, reducing trade barriers would raise its agricultural export earnings.…”

Section: Introductionmentioning

confidence: 99%

The Impacts of Agricultural Trade on Economic Growth and Environmental Pollution: Evidence from Bangladesh Using ARDL in the Presence of Structural Breaks

2021

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Agricultural trade significantly promotes the economic boom in developing countries. Extensive traditional agricultural production methods have increased the pressure on the agricultural environment by expanding agricultural trade, which has attracted the attention of many scholars. This study aims to empirically examine the impacts of agricultural trade on economic growth and agricultural environmental pollution in Bangladesh from 1972 to 2019, using an Auto Regressive Distributed Lag (ARDL) model with a structural break to examine the long-run and short-run determinants of agricultural environmental pollution in Bangladesh. The ARDL bounds analysis methodology showed that it does not support the hypothesis that agricultural trade led to environmental pollution in the long-run. The results suggest a relationship between economic growth, energy, and FDI towards agricultural environmental pollution, indicating a positive long-run relationship. Furthermore, in the short run, agricultural trade indicates positive drivers towards agricultural environmental pollution. Therefore, it is recommended that the enhancement of trade liberalization policies should ensure cleaner technologies and products that could help reduce environmental pollution.

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Section: Introductionmentioning

confidence: 99%

The Impacts of Agricultural Trade on Economic Growth and Environmental Pollution: Evidence from Bangladesh Using ARDL in the Presence of Structural Breaks

2021

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“…There are some issues of concern on the accuracy of the extent to which trade openness and economic growth are related [8][9][10][11][12]. Although the relationship between them is somehow fragile, there is no substantial evidence that international trade can harm the economic growth and that it may lead to more importation than exportation [13].…”

Section: Introductionmentioning

confidence: 99%

Effect of Trade Openness and Real Exchange Rate on Economic Growth in Tanzania

Sanjo¹,

Sende

Mpeta

2022

JEMT

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The purpose of this study was to assess the effect of trade openness and real exchange rate on economic growth in Tanzania. Secondary time series data collected annually for consecutive 47 years since 1970 to 2016 were analyzed. The study used the Autoregressive Distributed Lag (ARDL) to assess the long-run and short-run effects of trade openness, real exchange rate, and foreign direct investment on Real Gross Domestic Product. The results from analysis reveal the evidence on one hand that trade openness has a positive significant effect on economic growth in both the short and long-run, but real exchange rate and foreign direct investment have a positive significant effect in the long run on the other. As it was estimated that with trade openness more trade is developed in terms of exports and imports which in turn boosts the economy. The study recommends that, there is the need for country to support the domestic industrial development to produce more goods and services.

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“…Salah satu faktor yang memiliki dampak pada pertumbuhan ekonomi suatu negara adalah aktivitas perdagangan lintas negara (Purnama and Yao, 2019). Salah satu faktor yang bisa mendorong pertumbuhan ekonomi adalah aktivitas perdagangan lintas negara.…”

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Peran Penting Perdagangan Internasional Dalam Ekspor Udang Vaname Di Jawa Timur

Hapsari,

Nurhayati

2023

JIMEA

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Peningkatan kesejahteraan penduduk dapat dipicu oleh perkembangan ekonomi. Salah satu faktor yang memiliki dampak pada pertumbuhan ekonomi suatu negara adalah aktivitas perdagangan lintas negara. Selain produk kaca, produk hasil laut juga menjadi salah barang dengan permintaan cukup tinggi di pasar internasional. Ragam hasil laut Indonesia memiliki kualitas baik yang membuat hasil laut banyak diminati untuk ekspor, salah satunya adalah hasil udang vaname yang ada di wilayah Jawa Timur. Penelitian ini bertujuan untuk menganalisis bagaimana perdagangan internasional, khususnya ekspor hasil laut seperti udang vannamei, berkontribusi terhadap pertumbuhan ekonomi Indonesia. Metode penelitian yang digunakan adalah kualitatif-deskriptif. Hasil penelitian ini menunjukkan bahwa perdagangan internasional, khususnya melalui ekspor produk seperti udang vannamei dan hasil laut lainnya, telah memberikan kontribusi yang signifikan terhadap pertumbuhan ekonomi. Ekspor tersebut telah memberikan devisa negara, menciptakan lapangan kerja, dan mendorong berkembangnya sektor-sektor terkait. Namun, tantangan seperti fluktuasi harga internasional dan ketergantungan pada satu komoditas ekspor perlu diatasi melalui peningkatan diversifikasi ekonomi.

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The Relationship between International Trade and Economic Growth

Cited by 8 publications

References 9 publications

The Impacts of Agricultural Trade on Economic Growth and Environmental Pollution: Evidence from Bangladesh Using ARDL in the Presence of Structural Breaks

The Impacts of Agricultural Trade on Economic Growth and Environmental Pollution: Evidence from Bangladesh Using ARDL in the Presence of Structural Breaks

Effect of Trade Openness and Real Exchange Rate on Economic Growth in Tanzania

Peran Penting Perdagangan Internasional Dalam Ekspor Udang Vaname Di Jawa Timur

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