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Growth, Trade, Investments and Expenditures: Analysis of the Nexus

Author

Listed:
  • Surugiu Marius Razvan

    (Institute of National Economy, Romanian Academy)

  • Surugiu Camelia

    (University of Bucharest)

Abstract

The purpose of this paper is to investigate the relationship between economic growth, trade, investments, and R&D expenditures. An important type of trade is introduced in analysis, namely intraindustry trade, in order to underline the influence on growth, associated in literature with good growth performance. Aspects related to trade and the relationships between Romania and 13 countries (Austria, Belgium, Bulgaria, Czech Republic, Finland, France, Germany, Hungary, Italy, Poland, Portugal, Slovakia, and Spain) are underlined. These countries were chosen considering the volume of intra-industry trade with Romania. Based on econometric calculations for the period 1995-2012, the determinants of the economic growth are highlighted.

Suggested Citation

  • Surugiu Marius Razvan & Surugiu Camelia, 2016. "Growth, Trade, Investments and Expenditures: Analysis of the Nexus," EuroEconomica, Danubius University of Galati, issue 2(35), pages 7-16, November.
    • Handle: RePEc:dug:journl:y:2016:i:2:p:7-16
    as

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    File URL: http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/3609/3684
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    References listed on IDEAS

    as
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    4. Aka, B.F., 2006. "Openness, Globalization and Economic Growth: Empirical Evidence from Cote d´Ivoire, 1969-2002," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 3(2), pages 67-86.
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    6. Lederman, Daniel & Maloney, William F., 2003. "Trade structure and growth," Policy Research Working Paper Series 3025, The World Bank.
    Full references (including those not matched with items on IDEAS)

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