ANALYSIS OF THE INFLUENCE INTERNATIONAL TRADE ON ECONOMIC GROWTH IN THE EUROPEAN UNION

Madalina-Gabriela Anghel, Constantin Anghelache and Georgiana Nita
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Madalina-Gabriela Anghel: „Artifex" University of Bucharest
Constantin Anghelache: Bucharest University of Economic Studies/„Artifex" University of Bucharest
Georgiana Nita: Bucharest University of Economic Studies

Romanian Statistical Review Supplement, 2017, vol. 65, issue 5, 170-184

Abstract: In this article, the authors sought to analyze the correlation between international trade and economic growth. Based on Eurostat data series on GDP per capita, import, export and export coverage, the correlation between these statistical variables was analyzed. The analysis was made on the whole of the European Union, but also on each country. Existing correlations and hierarchy of the Member States of the European Union were highlighted by the value of the mentioned indicators. The Eurostat data series on these indicators are set out in the annexes. Finally, we used the simple and multiple regression model to deepen the analysis.

Keywords: international trade; economic growth; export; import; correlation (search for similar items in EconPapers)
JEL-codes: F44 P33 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:rsr:supplm:v:65:y:2017:i:5:p:170-184

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