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Growth Empirics use novel factors of growth in latest research. We used such a factor in forestry. We investigated the causal relationship between forestry and economic growth for a sample of selected Asian countries. We used data on forest products and other relevant variables for the time period 2000-2012 using homogeneous slope panel data model system GMM estimator. Results show the presence of such causal relationship between forestry and economic growth. Existence of causality is also checked using Panel Granger causality between concerned variables.
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Mehmood et al. (2015) studied this question.
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