An Empirical Study on Import, Export and Economic Growth in Albania
Author(s) -
Güngör Turan,
Bernard Karamanaj
Publication year - 2014
Publication title -
academic journal of interdisciplinary studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.148
H-Index - 5
eISSN - 2281-3993
pISSN - 2281-4612
DOI - 10.5901/ajis.2014.v3n3p428
Subject(s) - gross domestic product , economics , econometric model , econometric analysis , macro , international economics , empirical research , real gross domestic product , product (mathematics) , econometrics , macroeconomics , international trade , monetary economics , statistics , mathematics , geometry , computer science , programming language
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 this variables is shown by using Econometric Views statistical package and the source of data used is World Bank. DOI: 10.5901/ajis.2014.v3n3p428
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