The long-run causal relationship between exports and economic growth in the Euro area

Konstantakopoulou, Ioanna and Tsionas, Efthymios (2017) The long-run causal relationship between exports and economic growth in the Euro area. Applied Economics Letters, 24 (8). pp. 536-539. ISSN 1350-4851

Preview

PDF (j-manuscript)
j_manuscript.pdf - Accepted Version
Available under License Creative Commons Attribution-NonCommercial.
Download (150kB)

Abstract

This article employs panel methods that mitigate heterogeneity and cross-sectional dependence to determine the direction and sign of long run causality between exports and economic growth in the euro area economies from 2000 to 2014. The empirical evidence indicates that there is a unidirectional long-run Granger causality relationship from exports to economic growth in the euro area countries.