The Role of Net Export on Economic Growth in United States of America
The Role of Net Export on Economic Growth in United States of America

Summary/Abstract: The study analyses the role of net exports on economic growth in the United States of America (USA). This was necessitated by the resounding economic resilience that has been experienced by the USA and assertions have pointed to net exports but have also attracted different assertions from other studies. As such the study sought to analyze the role of net exports on economic growth with regards to the USA. The study was conducted using secondary data collected from the 1970: Q1 –2015: Q1 and was analyzed using a Vector Error Correction Model (VECM). The results from the study showed that there is a long run co-integration between net exports and economic growth in USA. Import levels and unemployment were observed to be negatively related to economic growth.

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