Η επίδραση των επενδύσεων, των καθαρών εξαγωγών και της εκπαίδευσης στην οικονομική μεγέθυνση: Εμπειρικά αποτελέσματα από 5 χώρες της περιφέρειας της Ευρωπαϊκής Ένωσης

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Published: May 11, 2017
DOI: https://doi.org/10.12681/elrie.793
Keywords:
economic growth domestic investment net exports education
Παναγιώτης Πέγκας
Κωνσταντίνος Τσαμαδιάς
Χαροκόπειο Πανεπιστήμιο, Πανεπιστήμιο Θεσσαλίας
Χρήστος Σταϊκούρας
Οικονομικό Πανεπιστήμιο Αθηνών
Ιωάννης Βουτσινάς
Abstract
This study empirically investigates the causal relationship between economic growth and the key explanatory variables (domestic investment, net exports and education) in a group of five EU countries which are members of the euro zone during the period 1994-2013. It applies the extended neoclassical growth model of Mankiw, Romer and Weil (1992) and uses panel data analysis. The empirical analysis shows that in the long term there is a positive and statistically significant effect of domestic investment, net exports and education in GDP per worker. The greatest effect was from net exports. Also, the results show that there is a bidirectional long run Granger causality between GDP per worker, net exports and education and a unidirectional causality running from domestic investment to GDP per worker.
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Authors retain copyright under a Creative Commons Attribution that allows others to share the work with an acknowledgement of the work's authorship and initial publication in the proceedings.
Author Biographies
Παναγιώτης Πέγκας
PhD, EΛΣΤΑΤ, Πανεπιστήμιο Θεσσαλίας
Κωνσταντίνος Τσαμαδιάς, Χαροκόπειο Πανεπιστήμιο, Πανεπιστήμιο Θεσσαλίας
Ομότιμος Καθηγητής
Χρήστος Σταϊκούρας, Οικονομικό Πανεπιστήμιο Αθηνών

Επίκουρος Καθηγητής

Βουλευτής

Ιωάννης Βουτσινάς
PhD, Τράπεζα της Ελλάδος
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