Trade Openness and Economic Growth: A Panel Cointegration and Causality Analysis for the Newest EU Countries

This paper explores the relationship between trade openness and economic growth using data for the thirteen newest European Union members. The study covers the period of 1995–2013. We have applied panel cointegration and causality approaches to examine the long-run and the causal relationship betwee...

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Bibliographic Details
Main Authors: Nikolaos Dritsakis, Pavlos Stamatiou
Format: Article
Language:English
Published: Editura ASE Bucuresti 2016-03-01
Series:Romanian Economic Journal
Subjects:
Online Access:http://www.rejournal.eu/article/trade-openness-and-economic-growth-panel-cointegration-and-causality-analysis-newest-eu-0