Relationship of Foreign Trade and Economic Growth in Eurasian Economy: Panel Data Analysis
2017 ◽
Vol 9
(9)
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pp. 1
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In this study, relationship between foreign trade and economic growth had been examined for the countries of Eurasia Economic Union by using data in era of 1992-2015 with the help of panel data analysis. First of all, cross-sectional dependency and homogeneity test had been done in the study and it had been concluded that there is cross-sectional dependency in between the series. For this purpose, unit root and causality test considering the cross-sectional dependency had been applied. Relationship between the variables had been analyzed with the panel causality test developed by Konya (2006). It had been determined that there is bi-directional causality from growth to export and unidirectional causality from growth to import.
2000 ◽
Vol 19
(2)
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pp. 159-174
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Keyword(s):
Keyword(s):
2017 ◽
Vol 20
(3)
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pp. 264-272
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Keyword(s):