Exports as an Engine for the Economic Growth: The Case of Romania

5 Pages Posted: 6 Oct 2012

See all articles by Ramona Dumitriu

Ramona Dumitriu

University Dunarea De Jos Galati

Razvan Stefanescu

University Dunarea de Jos Galati

Costel Nistor

University Dunarea de Jos Galati

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

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

Ramona Dumitriu (Contact Author)

University Dunarea De Jos Galati ( email )

Romania

Razvan Stefanescu

University Dunarea de Jos Galati ( email )

59-61 Nicolae Bãlcescu Street
Braila, Galati 800001
Romania

Costel Nistor

University Dunarea de Jos Galati ( email )

Galati, 800001
Romania

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
46
Abstract Views
380
PlumX Metrics