Download This PaperExports as an Engine for the Economic Growth: The Case of Romania
5 Pages Posted: 6 Oct 2012
Date Written: July 24, 2010
Abstract
This paper explores the dynamic relation between the exports and the gross domestic product from Romania. We employ the Johansen cointegration procedure and the Granger causality test to identify the interactions between the two variables. We find a cointegration relation and a unidirectional causality from exports to gross domestic product. We conclude the implementation of an export promotion strategy could be a solution for the Romanian national economy to surpass the actual severe recession.
Keywords: Export led-growth, Cointegration, Granger Causality
JEL Classification: F40, F41, F43
Suggested Citation: Suggested Citation
Dumitriu, Ramona and Stefanescu, Razvan and Nistor, Costel, Exports as an Engine for the Economic Growth: The Case of Romania (July 24, 2010). Available at SSRN: https://ssrn.com/abstract=2157713 or http://dx.doi.org/10.2139/ssrn.2157713
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