Abstract
The paper aims to examine the impact of exports on Kazakhstan's economic growth. The effect of exports is determined through a neoclassical production function, examining exports' role after controlling the labour force and capital formation. The analysis is based ARDL model on testing for the short-run and long-run effects of independent variables. The long-run coefficient of exports is 0.38, while the short-run coefficient is 0.28 and statistically significant. Therefore, exports impact positively on G.D.P. per capita in both the short-run and long-run. Also, coefficient of error correction term (E.C.M.) is negative and statistically significant, showing the speed of adjustment towards equilibrium from short-run to long-run. Therefore, Kazakhstan's government should focus on increasing the exports that can increase the G.D.P. per capita better.
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