Have export compositions influenced economic growth of the European Union countries in Central and Eastern Europe?

Tang, Donny

doi:10.5937/ejae17-23638

Cited by 4 publications

(2 citation statements)

References 40 publications

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“…As the cooperation between China and the CEECs deepens, bilateral trade also increases. Since the introduction of the BRI in 2013, trade between China and CEECs has exhibited continuous growth (Tang 2020). While the growth rate experienced a temporary decline due to the impact of the European refugee wave in 2015, it resumed an upward trend in 2016 and 2017.…”

Section: Trade Characteristics Of China and Ceecsmentioning

confidence: 99%

Analysis of the relationship between China's direct investment in Central and Eastern Europe and trade

Song

2024

SocEc

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This study aims to investigate the relationship between China's outward foreign direct investment (OFDI) in Central and Eastern European countries (CEECs) by assessing their impact on the economies of both the CEECs and China. By analyzing this connection, the paper seeks to gain insights into the economic dynamics and potential benefits derived from investment and trade activities between China and the countries in this region. The paper employs a regression model to examine the influence of foreign direct investment on trade with data from 2008 to 2022. The findings indicate that a one percentage point increase in China's OFDI corresponds to a 0.054 percent boost in bilateral trade between China and the 16 CEECs. In conclusion, the findings highlight a significant link between OFDI in CEECs and bilateral trade. OFDI opens up new trade opportunities and fosters economic growth in CEECs, thereby promoting the development of bilateral trade. Additionally, Chinese investment drives industrial upgrading and structural adjustments in CEECs, enhancing the competitiveness of bilateral trade.

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Section: Trade Characteristics Of China and Ceecsmentioning

confidence: 99%

Analysis of the relationship between China's direct investment in Central and Eastern Europe and trade

Song

2024

SocEc

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“…Their research showed that there is a stable long-term cointegration relationship between openness to trade and the quality of economic growth. Tang (2020) investigated the combined effects of export structure and economic growth in European Union member countries from Central and Eastern Europe. The research showed that the export of agricultural products does not contribute to economic growth, while transport equipment, textiles, steel and chemical products accelerate the economic growth of the observed countries.…”

Section: Introductionmentioning

confidence: 99%

Foreign Trade as a Determinant of Economic Growth of the Republic of Srpska: An Empirical Analysis

Kovačević

Amidžić

Kurušić

2022

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Most studies that investigate the relationship between foreign trade and economic growth analyze it through the interpretation of various indicators. This paper seeks to investigate the relationship between coverage of imports by exports and the openness to foreign trade on one hand and the gross domestic product of the Republic of Srpska on other hand. The research relates to the period from 2001 to 2020. By applying the ARDL model we confirmed the initial hypothesis that an increase in the coverage of imports by exports increases the domestic product. The paper confirms the long-term relationship between independent and dependent variables, expressed through the existence of the cointegration equation. Results based on the applied ARDL method show negative, but insignificant relationship between openness and gross domestic product in the Republic of Srpska in long run, and statistically significant positive relationship between coverage of imports by exports and gross domestic product in long run. Value of coefficient shows that 1% increase in coverage of imports by exports increases gross domestic product by 0.80% in long run.

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COP27 Perspective of Food, Land Resources and Digitalization for Sustainable Economy: Novel Evidence From Lower‐Middle‐Income Countries

Bi,

Gan,

Wang

et al. 2024

Land Degrad Dev

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Economies in the environmentally conscious era follow the 27th Conference of the Parties' commitments to attaining environmental sustainability. However, using alternative energy sources reduces arable land and diminishes land resources, severely affecting food production, exports, and overall income. This issue raises concerns about attaining a sustainable economy, which has attracted little scholarly attention in the preceding literature. The present research examines the influence of food exports, digitalization, access to clean fuel and technologies for cooking, mineral resources, and oil resources on the economic sustainability of lower‐middle‐income economies. Covering the latest period from 1990 to 2022, this study uses several time series estimators to analyze the aggregate data of selected economies. The empirical results suggest that the mentioned variables are cointegrated in the long run. The regression estimates showed that food exports and mineral resources are adversely associated with economic sustainability. However, access to clean fuel and technologies for cooking and digitalization significantly contributes to the region's economic sustainability. Nonetheless, the role of oil resources is insignificant but negative, which validates the resource curse phenomenon in the region. The results are robust since these estimations are validated by regression accounting for structural breaks. This study recommends investment in clean energy resources, efficient mineral resource management, and the transition to clean energy to accomplish the 27th Conference of the Parties target and attain sustainable development.

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Have export compositions influenced economic growth of the European Union countries in Central and Eastern Europe?

Cited by 4 publications

References 40 publications

Analysis of the relationship between China's direct investment in Central and Eastern Europe and trade

Analysis of the relationship between China's direct investment in Central and Eastern Europe and trade

Foreign Trade as a Determinant of Economic Growth of the Republic of Srpska: An Empirical Analysis

COP27 Perspective of Food, Land Resources and Digitalization for Sustainable Economy: Novel Evidence From Lower‐Middle‐Income Countries

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