Authors :
Kopila Aryal
Volume/Issue :
Volume 8 - 2023, Issue 6 - June
Google Scholar :
https://bit.ly/3TmGbDi
Scribd :
https://tinyurl.com/ytmxrdrr
DOI :
https://doi.org/10.5281/zenodo.8143373
Abstract :
For any country, international trade is a
significant source of economic growth. The association
among economic growth and import and export is
examined in this study. Studying the development
pattern of international commerce and examining the
connection between exports, imports, and expansion of
Nepal's economy. The relation between Nepal's
international trade and economic growth has been
studied using the ARDL and ERM model. This paper is
supported by data spanning the years 1974/1975 through
2021/22 from Ministry of Finance. The empirical data
shows a stable long-term relationship between economic
growth and international commerce. Therefore, it is
recommended to adopt a strategy of enough investment
in export-oriented sectors that exhibit the proper mix of
export promotion and import substitutes.
Keywords :
International Trade, Export, Import, Economic Growth.
For any country, international trade is a
significant source of economic growth. The association
among economic growth and import and export is
examined in this study. Studying the development
pattern of international commerce and examining the
connection between exports, imports, and expansion of
Nepal's economy. The relation between Nepal's
international trade and economic growth has been
studied using the ARDL and ERM model. This paper is
supported by data spanning the years 1974/1975 through
2021/22 from Ministry of Finance. The empirical data
shows a stable long-term relationship between economic
growth and international commerce. Therefore, it is
recommended to adopt a strategy of enough investment
in export-oriented sectors that exhibit the proper mix of
export promotion and import substitutes.
Keywords :
International Trade, Export, Import, Economic Growth.
