1. Vegetables Export & Import.
- Author
-
avva, Kishor and j., ravi
- Subjects
VEGETABLE exports & imports ,ECONOMIC development ,ECONOMETRICS ,DATA analysis - Abstract
China remains one of the largest exporters of the vegetable in the world. The present research paper aims to scrutinize ELG or GLE hypothesis and examine the relationship between economic growth, vegetable exports and vegetable imports in China economy from 1988 to 2018 by using annual time series data and econometrics models. The empirical findings confirmed that there is a significant long-run relationship survives between selected variables in China economy. The FMOLS results show that vegetable export has a positive and statistically significant effect on economic growth. There is a long-run causality running from vegetable export to economic growth but there is no short-run causality and bidirectional relationship between economic growth to vegetable import in the short run and long run. The study confirms that the growth in Chinese economy is strongly led by vegetables export. The study suggests China invests more and more capital in vegetable production, vegetable exports and its related industries rather than other agriculture crops. It enhances employment opportunities and augments economic growth at a faster rate through foreign exchange reserves. [ABSTRACT FROM AUTHOR]
- Published
- 2023