An Analysis of the Relationship between Ethiopia' Foreign Trade and Gross Domestic Product
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Date
1982-06
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Publisher
A.A.U
Abstract
The purpose of the study was to establish and analyze the relationship
between Ethiopia's foreign trade (exports and imports) and Gross
Domestic Product (GDP). A broader review of published sources was
made on all aspects of the problem to be investigated. Based on a
priori theoretical knowledge and the nature of the scatter diagram,
linear regressions of GDP on exports and imports on GDP were formulated .
Regression and correlation coefficients were computed and interpreted
with allowances given to non-economic variables.
The results showed
that there is a strong association between GDP and exports, on the one
hand, and imports and GDP , on the other. The relationships were then
viewed with due considerations given to policy issues such as structural
diversification and economic cooperation and integration.
Description
Keywords
The Relationship Between Ethiopia', Foreign Trade and Gross