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Analysis Of The Influence International Trade On Economic Growth In The European Union

Author

Listed:
  • Madalina-Gabriela ANGHEL

    („Artifex" University of Bucharest)

  • Constantin ANGHELACHE

    (Bucharest University of Economic Studies/„Artifex" University of Bucharest)

  • Georgiana NITA

    (Bucharest University of Economic Studies)

Abstract

In this article, the authors sought to analyze the correlation between international trade and economic growth. Based on Eurostat data series on GDP per capita, import, export and export coverage, the correlation between these statistical variables was analyzed. The analysis was made on the whole of the European Union, but also on each country. Existing correlations and hierarchy of the Member States of the European Union were highlighted by the value of the mentioned indicators. The Eurostat data series on these indicators are set out in the annexes. Finally, we used the simple and multiple regression model to deepen the analysis.

Suggested Citation

  • Madalina-Gabriela ANGHEL & Constantin ANGHELACHE & Georgiana NITA, 2017. "Analysis Of The Influence International Trade On Economic Growth In The European Union," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(5), pages 170-184, May.
  • Handle: RePEc:rsr:supplm:v:65:y:2017:i:5:p:170-184
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    References listed on IDEAS

    as
    1. Constantin ANGHELACHE & Gabriela Victoria ANGHELACHE & Madalina ANGHEL & Georgeta BARDASU (LIXANDRU) & Cristina SACALA, 2014. "The International Trade Evolution," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 62(1), pages 84-87, January.
    2. Constantin Anghelache & Gabriela Victoria Anghelache & Madalina Gabriela Anghel, 2016. "Analysis of the evolution of Romanian foreign commercial exchange," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(3), pages 82-90, March.
    3. Mary Amiti & David E. Weinstein, 2011. "Exports and Financial Shocks," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 126(4), pages 1841-1877.
    4. Constantin ANGHELACHE & Gabriela Victoria ANGHELACHE & Mirela PANAIT & Ihab Jweida SJ JWEIDA, 2016. "The Analysis of International Trade of Romania," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 64(12), pages 93-99, December.
    5. Constantin ANGHELACHE & Alexandru MANOLE & Cristina SACALA, 2014. "Romanian International Trade Evolution," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 62(7), pages 17-24, July.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Otilia Manta & Eglantina Hysa & Alba Kruja, 2021. "Finances and National Economy: Frugal Economy as a Forced Approach of the COVID Pandemic," Sustainability, MDPI, vol. 13(11), pages 1-25, June.
    2. MANTA, Otilia Elena, 2022. "Financial, Economic, Digital And Environmental Inclusion In The Context Of Global Agreements," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 10(1), pages 251-263, October.
    3. Mădălina-Gabriela ANGHEL & Ștefan Virgil IACOB & Dragoș Alexandru HAȘEGAN, 2020. "The analysis of the international trade of Romania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(622), S), pages 183-200, Spring.
    4. Constantin ANGHELACHE & Madalina-Gabriela ANGHEL & Maria MIREA, 2017. "Accumulated National Wealth – An Element Of Economic Development," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 65(10), pages 14-24, October.

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    More about this item

    Keywords

    international trade; economic growth; export; import; correlation;
    All these keywords.

    JEL classification:

    • F44 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Business Cycles
    • P33 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid

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