Noble International Journal of Economics and Financial Research


Online ISSN: 2519-9730 | Print ISSN: 2523-0565

Archives

    Volume 3 Number 7 July 2018

Trade Flows and Economic Growth Between Countries – Members of the European Union

Pages: 78-85
Authors:
Zavou Argyro, Anastasiou Athanasios, Liargovas Panagiotis, Dermatis Zacharias, Komninos Dimitrios

Abstract
The causal link between trade and economic growth has attracted the researchers’ attention both theoretically and empirically. In this paper, it is investigated the causal relationship between exports and economic growth as well as the impact of other relevant macroeconomic variables such, imports and public debt. More specifically, we examine the causality between the logarithms of real GDP per capita, real exports, real imports and public debt in 28 European Union Countries from 2004 to 2014 (annual data) by using the method of panel data estimation. The results of panel data estimation indicate the presence of causality from both exports and imports to economic growth. Our empirical model provides forceful evidence in support of the export-led growth and import-led growth theory in EU-28 countries.

Aim & Scope Instructions for Authors Editorial Board Indexed/abstracted in Submit Manuscripts Archive

Call for Papers

...

Read More

Publication Ethics

NAP has certain standard of publication ethics to ensure the quality of publications and originality of contributions. We only consider those contributions that are unpublished, original and not copied right by other person. The editors,...

Read More

Article Processing Charge

Article Processing Charges [APC]As with any other Open Access publishing company, with NAP there is no paper, no mailing, no subscriptions, and no restriction against using and sharing our journals. But we do have to pay for maintaining published man...

Read More