Applied Economics Research Centre, University of Karachi, Karachi, Pakistan.
This article examines the link between agricultural raw material exports and agricultural raw material imports in the developing economy like Pakistan. Using the annual data from 1971–2007, this study finds that agricultural raw material exports and agricultural raw material imports are cointegrated. There is unidirectional causality from agricultural raw material imports to agricultural raw material exports in the long run and no causality in either direction in the short run.
Agricultural raw material, Exports, Agricultural raw material, Imports, ARDL