期刊名称:South-Eastern Europe Journal of Economics (SEEJE)
印刷版ISSN:1109-8597
电子版ISSN:1792-3115
出版年度:2011
卷号:9
期号:1
出版社:Association of Economic Universities of South and Eastern Europe and the Black Sea Region
摘要:Our analysis differs in two ways from the existing trade / growth literature. First, we testify the validity of the four thinkable relevant hypotheses for the same dataset simultaneously: export-led growth, import-led growth, growth-led imports and growth-led exports. Second, we check for the different effects that might result from trading within a regional trade agreement regime. We see that trading partners do matter: EU-15 growth seems to be favored by intra-EU ex-ports and imports from the rest of the world, with the exception of China. Yet, the reversed hypotheses are not confirmable. Therefore, even if trading with specific countries creates positive growth effects, they are not likely to be long-lasting