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Competition and Economic Growth - An Econometric Analysis

Author

Listed:
  • Cristiana Matei

    (School of Advanced Studies of the Romanian Academy (SCOSAAR) - Economic, Social and Legal Sciences Department, Bucharest, Romania)

Abstract

This paper is not about reviewing the theoretical approach (from Smith, Schumpeter and others) regarding the relationship between competition and economic growth. Its purpose is just to test the existence of a relationship between the dynamics of gross domestic product and the intensity of competition, on a worldwide sample, made of 142 countries, between 2007 and 2017. We have proved the existence of a positive and significant impact between the intensity of competition and the dynamics of gross domestic product.

Suggested Citation

  • Cristiana Matei, 2018. "Competition and Economic Growth - An Econometric Analysis," Hyperion Economic Journal, Faculty of Economic Sciences, Hyperion University of Bucharest, Romania, vol. 6(2), pages 17-33, June.
    • Handle: RePEc:hyp:journl:v:6:y:2018:i:2:p:17-33
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    More about this item

    Keywords

    Competition; Gross Domestic Product; Dynamic Panel Data;
    All these keywords.

    JEL classification:

    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models

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