The Effect of Trade Openness on Economic Growth: Albanian Case

Güngör Turan, Dionis Seni


The main purpose of this study is to evaluate and determine the effects of trade liberalization on the economic growth in Albania. The factors included in this project are, foreign direct investment (FDI), exchange rate, and trade openness. Trade openness was computed as the ratio of total of imports and exports to total exports. The methodology comprises the use of the above mentioned macroeconomics indicators which are all gathered by official institution database for an interval time of 10 years measured in quarterly bases’. Secondly a macroeconomic model will be performed in order to understand the impact and relationship of trade openness on economic growth (GDP). Finally based on the result from the statistics of all panel models, it is showed that trade openness and exchange rate has a significantly positive impact on economic growth.

DOI: 10.5901/ajis.2014.v3n3p193

Full Text: PDF

Licenza Creative Commons
This work is licensed under Creative Commons Attribution 3.0 License.

Academic Journal of Interdisciplinary Studies ISSN 2281 3993(Print) ISSN 2281-4612(Online)

Copyright © MCSER-Mediterranean Center of Social and Educational Research

To make sure that you can receive messages from us, please add the '' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders..