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Relationship among Domestic Investment, Exports and Economic Growth: Evidence form the Case of Greece

Sayef Bakari ()

MPRA Paper from University Library of Munich, Germany

Abstract: The aim of this paper is to investigate the relationship among domestic investment, exports and economic growth in the case of Greece. To attempt our goal, we used annual data over the period 1970 – 2020 and Vector Error Correction Model. Empirical results indicate that in the long run there is no causality relationship between exports, domestic investment, and economic growth. In the short run, we found that only exports cause domestic investment. These results proved as evidence that domestic investment and exports are not seen as a source of economic growth in the case of Greece which also explain the catastrophe situation of economic activity in Greece

Keywords: Domestic Investment; Exports; Economic Growth; VECM; Greece. (search for similar items in EconPapers)
JEL-codes: C13 E22 F14 O47 O52 (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-fdg, nep-gro and nep-int
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Handle: RePEc:pra:mprapa:114418