Studying The Relationship Between Foreign Trade And GDP Using The Directed Error Correction Model

Authors

  • Maain Dyoub Tishreen University
  • Mohammed Mahmood Tishreen University
  • Moder Yousef Tishreen University

Abstract

This study aimed to apply the method of directed  error correction model to study the relationship between foreign trade and GDP in Syria. And to find out whether there is a short – and long term equilibrium relationship between these variables.

The most important results of the study: there are a short- and long term equilibrium relationship between exports and imports on the one hand and GDP in the other hand. That is a foreign trade explains in the long run 38% of change in GDP.

The value of the directed error correction coefficient indicates that the value of foreign trade adjusts towards its equilibrium value in each time period with a percentage of the remaining imbalance from the previous time period  of the previous year equal to 38%.

 

 

 

 

 

 

Author Biographies

Maain Dyoub , Tishreen University

 Professor, Department Of Economics

Mohammed Mahmood , Tishreen University

Assistant professor, Department Of Economics

Moder Yousef, Tishreen University

Postgraduate Student, Department Of Economics

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Published

2022-03-16

How to Cite

ديوب م. م. ., محمود م. ., & يوسف م. . (2022). Studying The Relationship Between Foreign Trade And GDP Using The Directed Error Correction Model. Tishreen University Journal- Economic and Legal Sciences Series, 44(1), 175–191. Retrieved from https://journal.tishreen.edu.sy/index.php/econlaw/article/view/11931

Issue

Vol. 44 No. 1 (2022): Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences

Section

Articles

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