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ECONOMIC gROWTH, GLOBALIZATION AND TRADE

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  • Nuno Carlos LEITÃO

    (Polytechnic Institute of Santarém, Complexo Andaluz Apt -295 ,2001- 904 Santarém , Portugal)

Abstract

The purpose of this article is to investigate the relationship between economic growth, globalization and trade. The manuscript uses the assumptions of the economic growth exogenous and endogenous models. It introduces new proxies for explain the economic growth as in intra-industry trade, foreign direct investment and globalization index. The results indicate that economic growth is a dynamic process. The intra-industry has a positive impact on economic growth. This paper confirms relevant theoretical hypothesis as foreign direct investment and globalization promotes the economic growth. The good results obtained with GMM system estimator suggest that the building of dynamic theoretical models will be of interest to academic researchers.

Suggested Citation

  • Nuno Carlos LEITÃO, 2012. "ECONOMIC gROWTH, GLOBALIZATION AND TRADE," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 4(3), pages 18-24, September.
    • Handle: RePEc:rom:mrpase:v:4:y:2012:i:3:p:18-24
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    Cited by:

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    2. Neagu Olimpia & Porumbăcean Teodora & Anghelina Andrei Marius, 2023. "Does Financial Development, Globalisation and Institutional Quality Drive the Income Convergence in the Central and Eastern European Union Countries?," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 33(1), pages 88-108, March.

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