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Impact of final consumption, domestic investment, exports, and imports on economic growth in Albania

Author

Listed:
  • Najwa AKERMI

    (University of Sfax, Tunisia)

  • Nadia Ben YEDDER

    (University of Manouba Tunisia)

  • Sayef BAKARI

    (University of Jendouba, Tunisia)

Abstract

The aim of this paper is to explore the impact of final consumption, domestic investment, exports and imports on economic growth in the case of Albania during the period 1996-2021. By using cointegration analysis, VECM model and WALD test, empirical analysis indicated that there is no causality relationship between final consumption, exports, domestic investment, imports and economic growth in the long run and in the short run. These findings present the critical economic situation of Albania, which stands in need of an entry of urgent economic reforms and strong strategies to boost economic growth.

Suggested Citation

  • Najwa AKERMI & Nadia Ben YEDDER & Sayef BAKARI, 2024. "Impact of final consumption, domestic investment, exports, and imports on economic growth in Albania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(638), S), pages 231-252, Spring.
    • Handle: RePEc:agr:journl:v:1(638):y:2024:i:1(638):p:231-252
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