Abstract
This study analyses the relationships between export, import and economic growth for the 13 transition economies. Empirical results show that there is a unidirectional causality from economic growth to export. Empirical findings show that the growth-led export hypothesis is valid in those countries and growth is rather shaped by increase in import demand.
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Notes
For detailed discussion about this issue see Giles and Williams (2000).
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Çetintaş, H., Barişik, S. Export, Import and Economic Growth: The Case of Transition Economies. Transit Stud Rev 15, 636–649 (2009). https://doi.org/10.1007/s11300-008-0043-0
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DOI: https://doi.org/10.1007/s11300-008-0043-0