Agricultural Exports and Agricultural GDP Causal Relationship in Libya
Abstract: The study examines the causal relationship between agricultural export and agricultural GDP in Libya during the period 2000-2018. Augmented Dickey Fuller (ADF) for stationarity test Augmented Dickey Fuller (ADF), Johansen test for Co-integration, and Vector Error Correction Model (VECM) were used. The causality findings show that there is a bi-directional causal relationship between agricultural export and agricultural GDP in long-run. Moreover, in short-run causality show that there is a uni-directional causal relationship flowing from agricultural GDP to agricultural export. The long-run causality result implies that agricultural export policies will boost the agricultural development of Libyan.
Keywords: Agricultural Export, Agricultural GDP, Causality, Vector Error Correction Model
How to Cite?: Fouzi Salih Faraj, "Agricultural Exports and Agricultural GDP Causal Relationship in Libya", Volume 11 Issue 9, September 2022, International Journal of Science and Research (IJSR), Pages: 107-111, https://www.ijsr.net/getabstract.php?paperid=SR22829234040, DOI: https://dx.doi.org/10.21275/SR22829234040