IDEAS home Printed from https://ideas.repec.org/p/pes/wpaper/2017no97.html
   My bibliography  Save this paper

Evaluation of the Factors that Have the Most Significant Influence on Lithuanian Export

Author

Listed:
  • Rita Remeikiene

    () (Lithuanian Institute of Agrarian Economics, V. Kudirkos 18-2, 03105, Vilnius, Lithuania)

  • Ligita Gaspareniene

    () (Lithuanian Institute of Agrarian Economics, V. Kudirkos 18-2, 03105, Vilnius, Lithuania)

  • Alius Sadeckas

    () (Mykolas Romeris University, Economics Institute, Ateities str. 20, 08303, Vilnius, Lithuania)

Abstract

Export is an important part of economics not only in a country’s, but also in international level. Over the last two decades, development of export has been one of the fastest and most acceptable strategies of economic progress. Export is also one of the ways to improve a country’s balance of payments, reduce trade deficits, and raise the general life standards. Scientific literature does not contain any unambiguous models developed for evaluation of the impact of the influential factors on the volumes of exports in the countries with similar economic conditions. Hence, the scientific problem for this research is formulated as follows: which factors have the most significant impact on export and how does this impact manifest? is to conduct evaluation of the influential factors affecting Lithuanian export leaning on the theoretical aspects of export determinants. The methods of the research include comparative and systematic analysis of the scientific literature, correlation and regression analysis. Mathematical estimations have revealed that GDP per capita and general state’s revenue from taxes and social contributions can explain the trends of Lithuanian export by 99.1 percent over the period 2007 – 2015. Crediting of private sector also showed a very strong correlation with Lithuanian export; the negative medium-strong correlation was estimated between the export and general tax level, while the positive medium-strong correlation was captured between the export and minimum wages.

Suggested Citation

  • Rita Remeikiene & Ligita Gaspareniene & Alius Sadeckas, 2017. "Evaluation of the Factors that Have the Most Significant Influence on Lithuanian Export," Working Papers 97/2017, Institute of Economic Research, revised May 2017.
  • Handle: RePEc:pes:wpaper:2017:no97
    as

    Download full text from publisher

    File URL: http://www.badania-gospodarcze.pl/images/Working_Papers/2017_No_97.pdf
    File Function: First version, 2017
    Download Restriction: no

    More about this item

    Keywords

    export; factors; evaluation; Lithuania;

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pes:wpaper:2017:no97. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Adam P. Balcerzak). General contact details of provider: http://edirc.repec.org/data/ibgtopl.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.