ANALYZING THE RELATIONSHIP BETWEEN TRADE OPENNESS AND ECONOMIC GROWTH IN NORTH MACEDONIA: A SVAR APPROACH

ANALYZING THE RELATIONSHIP BETWEEN TRADE OPENNESS AND ECONOMIC GROWTH IN NORTH MACEDONIA: A SVAR APPROACH

The relationship between trade openness and economic growth is complex. We employ a structural vector auto-regression (SVAR) model using quarterly data for the period from 2005 to 2022 to estimate the impact of trade openness on the economic growth in North Macedonia. The study's findings indic...

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Bibliographic Details
Main Authors: Katerina Shapkova Kocevska, Elena Makrevska Disoska, Jasna Tonovska
Format: Article
Language:English
Published: Pale University of East Sarajevo 2024-12-01
Series:Zbornik Radova Ekonomskog Fakulteta u Istočnom Sarajevu
Subjects:
trade openness
economic growth
svar
forecast error variance decomposition
impulse response function
Online Access:https://zrefis.ekofis.ues.rs.ba/images/zrefis2024-29/23-38_Shapkova%20Kocevska_Makrevska%20Disoska_Tonovska.pdf
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