International Journal of Management and Applied Science (IJMAS)
current issues
Volume-4,Issue-10  ( Oct, 2018 )
Past issues
  1. Volume-4,Issue-10  ( Oct, 2018 )
  2. Volume-4,Issue-9  ( Sep, 2018 )
  3. Volume-4,Issue-8  ( Aug, 2018 )
  4. Volume-4,Issue-7  ( Jul, 2018 )
  5. Volume-4,Issue-6  ( Jun, 2018 )
  6. Volume-4,Issue-5  ( May, 2018 )
  7. Volume-4,Issue-4  ( Apr, 2018 )
  8. Volume-4,Issue-3  ( Mar, 2018 )
  9. Volume-4,Issue-2  ( Feb, 2018 )
  10. Volume-4,Issue-1  ( Jan, 2018 )

Statistics report
Dec. 2018
Submitted Papers : 80
Accepted Papers : 10
Rejected Papers : 70
Acc. Perc : 12%
Issue Published : 56
Paper Published : 3413
No. of Authors : 7039
  Journal Paper




Paper Title :
Export Led Growth Hypothesis: The Croatian Case Revisited

Author :Mile Bosnjak, Ivan Novak, Hrvojejosic

Article Citation :Mile Bosnjak ,Ivan Novak ,Hrvojejosic , (2018 ) " Export Led Growth Hypothesis: The Croatian Case Revisited " , International Journal of Management and Applied Science (IJMAS) , pp. 18-22, Volume-4,Issue-8

Abstract : This paper aims to examine the non-linear adjustments between exports and GDP in Croatia. This paper analyses quarterly data since the first quarter of 1997 to the second quarter of 2016 to support for export-led growth hypothesis in the Croatian economy. Unlike previous studies, the paper takes into account the possible nonlinear asymmetric effects of exports and GDP toward their long-run equilibrium. The results reveal a threshold co-integrating relationship between the two variables with significantly different error correction adjustments in normal and extreme regimes. The research results supported export export-led growth hypothesis in Croatia during the extreme regime only pointing on the seasonal effect on growth that may arise out of tourism activity. Keywords - Time series; Nonlinearity; Threshold Vector Error Correction; Exports; Economic growth.

Type : Research paper

Indexed : Google Scholar


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