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An Empirical Study on Import, Export and Economic Growth in Albania

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  • Güngör Turan
  • Bernard Karamanaj

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 this variables is shown by using Econometric Views statistical package and the source of data used is World Bank.

Suggested Citation

  • Güngör Turan & Bernard Karamanaj, 2014. "An Empirical Study on Import, Export and Economic Growth in Albania," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 3, June.
    • Handle: RePEc:bjz:ajisjr:785
    DOI: 10.5901/ajis.2014.v3n3p428
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    References listed on IDEAS

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    4. Ali F. Darrat, 1986. "Trade and Development: The Asian Experience," Cato Journal, Cato Journal, Cato Institute, vol. 6(2), pages 695-699, Fall.
    5. Chien-Hui Lee & Bwo-Nung Huang, 2002. "The Relationship Between Exports And Economic Growth In East Asian Countries: A Multivariate Threshold Autoregressive Approach," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 27(2), pages 45-68, December.
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