2014
DOI: 10.5901/ajis.2014.v3n3p428
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An Empirical Study on Import, Export and Economic Growth in Albania

Abstract: Imports and Exports have an important role in the Economic Growth of a country. This paper discusses the relationship between export, import and Gross Domestic Product (GDP) in Albania by using annual data for the period between 1984 and 2012. Different empirical researches and macro econometric models indicates that there is an equilibrium relationship between exports, imports and GDP in the long term. The main goal is to find if imports and exports affect the GDP growth in Albania? The relationship between t… Show more

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Cited by 9 publications
(4 citation statements)
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“…We can conclude from the use of this empirical methodology that exports are a source of economic growth. These results are identical to the studies by Abdullahi et al (2013); Alavinasab (2013); Velnampy and Achchuthan (2013); Azeez et al (2014); Turan and Karamanaj (2014); Hamdan (2016); Ofeh and Muandzevara (2017), and which used empirical estimations based on linear regressions and static gravity models.…”
Section: Pooled Ols Random Effect Model Fixed Effect Model and Hausma...supporting
confidence: 89%
“…We can conclude from the use of this empirical methodology that exports are a source of economic growth. These results are identical to the studies by Abdullahi et al (2013); Alavinasab (2013); Velnampy and Achchuthan (2013); Azeez et al (2014); Turan and Karamanaj (2014); Hamdan (2016); Ofeh and Muandzevara (2017), and which used empirical estimations based on linear regressions and static gravity models.…”
Section: Pooled Ols Random Effect Model Fixed Effect Model and Hausma...supporting
confidence: 89%
“…In this mentioned paper the authors [1] has examines the connection between commodity, import and Total national output (Gross domestic product) in Albania by involving yearly information for the period somewhere in the range of 1984 and 2012. Different experimental explores and large-scale econometric models show that there is a harmony connection between products, imports and Gross domestic product in the long haul.…”
Section: Literature Reviewmentioning
confidence: 99%
“…The study tested various empirical formulas to analyze causality and understand the relationship between exports, imports, and GDP. The total production function, commonly used in previous studies (Ramos, 2002;Titus, 2007;Güngör & Bernard, 2014;Afaf & Hussain, 2015;Bakar & Mabrouki, 2017;Ruranga & Musabanganji, 2019)…”
Section: Model Specificationmentioning
confidence: 99%