Impact of final consumption, domestic investment, exports, and imports on economic growth in Albania

Najwa Akermi, Nadia Ben Yedder and Sayef Bakari
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Najwa Akermi: University of Sfax, Tunisia
Nadia Ben Yedder: University of Manouba Tunisia

Theoretical and Applied Economics, 2024, vol. XXXI, issue 1(638), Spring, 231-252

Abstract: The aim of this paper is to explore the impact of final consumption, domestic investment, exports and imports on economic growth in the case of Albania during the period 1996-2021. By using cointegration analysis, VECM model and WALD test, empirical analysis indicated that there is no causality relationship between final consumption, exports, domestic investment, imports and economic growth in the long run and in the short run. These findings present the critical economic situation of Albania, which stands in need of an entry of urgent economic reforms and strong strategies to boost economic growth.

Keywords: final consumption; domestic investment; exports; imports; economic growth; VECM; Albania. (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (3)

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Related works:
Working Paper: Impact of Final Consumption, Domestic Investment, Exports, and Imports on Economic Growth in Albania (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:1(638):y:2024:i:1(638):p:231-252

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