A standard study of the relationship between industrial investment and industrial imports in Syria using the ECM model for the period (1993-2011)


Abstract in English

Industrial activity is one of the pillars of the economic development of any country. It includes a long and varied series of productive processes that provide a high rate of economic growth. The importance of foreign trade in development is evidenced by securing the requirements of raw materials, capital goods and the source of currencies, Therefore, the success of any real development experience requires an effective industrial sector that has a positive impact on the foreign trade sector and this is reflected in the transition of the national economy towards achieving important steps in the field of economic development. The study aimed to find a standard model based on the ECM model to predict the volume of industrial imports by studying the relationship between industrial investment and industrial imports. It concluded that this model could be a scientific basis for the development of economic and social development plans.

References used

Kasahara Hiroyuki. Lapham, Beverly (2008). Productivity and the Decision to Import and Export: Theory and Evidence. University of British Columbia, Queen's University,Presented at CESIFO Area conferece on Global Economy, CESifo Working Paper Series No. 2240
Guo, Kai. Diaye, Papa (2009). Is China’s Export-Oriented Growth Sustainable?. Asia and Pacific Department. International Monetary Fund (IMF) Working Paper, Authorized for distribution by Nigel Chalk, August 2009
Engle, Robert F.; Granger, Clive W. J. (1987). "Co-integration and error correction: Representation, estimation and testing". Econometric. 55 (2): 251–276

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