TY - JOUR
T1 - Trade liberalisation, government expenditure and economic growth in Egypt
AU - Morley, Bruce
AU - Perdikis, Nicholas
PY - 2007/11/23
Y1 - 2007/11/23
N2 - This article investigates the combined effects of growth in government expenditure, exports, investment and labour supply on economic growth in Egypt between 1955 and 1996. Using cointegration and error correction models, the article finds a long‐run relationship between the variables, but less evidence of one in the short run. To account for the important policy reforms in 1974 and 1991, dummy variables are added which show the reforms have significantly affected the relationship between government expenditure and growth in a positive direction, but have had a negative effect on exports and growth. This conclusion is further supported by the time‐varying coefficient analysis
AB - This article investigates the combined effects of growth in government expenditure, exports, investment and labour supply on economic growth in Egypt between 1955 and 1996. Using cointegration and error correction models, the article finds a long‐run relationship between the variables, but less evidence of one in the short run. To account for the important policy reforms in 1974 and 1991, dummy variables are added which show the reforms have significantly affected the relationship between government expenditure and growth in a positive direction, but have had a negative effect on exports and growth. This conclusion is further supported by the time‐varying coefficient analysis
UR - http://hdl.handle.net/2160/45268
U2 - 10.1080/00220380008422636
DO - 10.1080/00220380008422636
M3 - Article
SN - 0022-0388
VL - 36
SP - 38
EP - 54
JO - Journal of Development Studies
JF - Journal of Development Studies
IS - 4
ER -
