30, March 2025

Is there homogenous causality between trade liberalization and economic growth in Ivory Coast?

VOLUME-11; ISSUE-3; MAR-2025

Author(s): 1 Adouko Kouah Adjobi Romuald Paulin, 2 Wang Jianmin, 3 Teye Jonatha

Authors Affiliations:

1,3 Dr.,      2Professor,

1,2,3 School of Economics and Management, Anhui University of Science and Technology, Huainan, China.

DOIs:10.2015/IJIRMF/202503024     |     Paper ID: IJIRMF202503024


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This study investigates the causal relationship between trade liberalization and economic growth in the Ivory Coast region from 2000 to 2020. The Granger non-causality test in heterogeneous panels by Dumitrescu and Hurlin (2012) was used in this investigation. In contrast to most studies that focus on the Ivory Coast region and leave human capital development (HCD) out of the regression equation, we incorporate HCD as suggested by Mankiw, Romer, and Weil (1992) in their endogenous growth model. The D-H results show that, employing lags 1, 2, and 4, the study's findings suggest a unidirectional causal relationship between trade liberalization and economic growth in Ivory Coast over the examined period. We believe that trading with the rest of the world is a critical prerequisite for growth in Ivory Coast region. The study also found that domestic capital formation, FDI inflows, and human capital development are critical components of long-term growth in the Ivory Coast region. Member country should take responsibility for increasing investments in current production infrastructure so that outputs can rise, resulting in a massive increase in industrial activity that could help to address some supply/demand issues while also increasing the number of jobs available for the continent's growing population.

Trade liberalization; Economic growth, Ivory Coast; Dumitrescu and Hurlin Causality test.

Adouko Kouah Adjobi Romuald Paulin,  Wang Jianmin,  Teye Jonatha(2025); Is there homogenous causality between trade liberalization and economic growth in Ivory Coast? ,  International Journal for Innovative Research in Multidisciplinary Field, ISSN(O): 2455-0620, Vol-11, Issue-3, Pp.144-154.          Available on –   https://www.ijirmf.com/

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