Economic Growth Spillovers: International Trade Links

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F15%3A43907713" target="_blank" >RIV/62156489:43110/15:43907713 - isvavai.cz</a>
Result on the web
<a href="https://ece.pefka.mendelu.cz/sites/default/files/imce/ece_2015_final.pdf" target="_blank" >https://ece.pefka.mendelu.cz/sites/default/files/imce/ece_2015_final.pdf</a>
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
Economic Growth Spillovers: International Trade Links
Original language description
The impact of international trade on economic growth is an integral part of economic theory and policy. Recently, the debate has moved from the trade determination of growth to the openness-growth interdependence and growth spillovers through trade links. The aim of this paper is to empirically investigate the impact of the trading partners' performance on domestic economic growth. We employ panel data estimation for EU countries during 1999-2011, with the weights of trade partners based on export shares. We also enhance the model by the inclusion of the trade structure (by the means of the Grubel-Lloyd (GL) index). We find the inclusion of the trade partners' growth overtakes the significance of the trade openness measure. Furthermore, the consideration of the trade structure, so far neglected in the literature, seems to be a valid extension of the model. The elasticity of domestic growth with respect to trade partners' growth is around 0.85. An increase of 0.1 in GL index (a change o
Czech name
—
Czech description
—

Project
—
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Enterprise and Competitive Environment: Conference Proceedings
ISBN
978-80-7509-342-4
ISSN
—
e-ISSN
—
Number of pages
10
Pages from-to
756-765
Publisher name
Mendelova univerzita v Brně
Place of publication
Brno
Event location
Brno
Event date
Mar 5, 2015
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
—

Similar results(10)