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Competition and Economic Growth - An Econometric Analysis

Cristiana Matei
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Cristiana Matei: School of Advanced Studies of the Romanian Academy (SCOSAAR) - Economic, Social and Legal Sciences Department, Bucharest, Romania

Hyperion Economic Journal, 2018, vol. 6, issue 2, 17-33

Abstract: This paper is not about reviewing the theoretical approach (from Smith, Schumpeter and others) regarding the relationship between competition and economic growth. Its purpose is just to test the existence of a relationship between the dynamics of gross domestic product and the intensity of competition, on a worldwide sample, made of 142 countries, between 2007 and 2017. We have proved the existence of a positive and significant impact between the intensity of competition and the dynamics of gross domestic product.

Keywords: Competition; Gross Domestic Product; Dynamic Panel Data (search for similar items in EconPapers)
JEL-codes: D4 F63 C33 (search for similar items in EconPapers)
Date: 2018
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Handle: RePEc:hyp:journl:v:6:y:2018:i:2:p:17-33