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Economic growth, globalization and trade

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Resumo(s)

The purpose of this article is to investigate the relationship between economic growth, globalization and trade. The manuscript uses the assumptions of the economic growth exogenous and endogenous models. It introduces new proxies for explain the economic growth as in intra-industry trade, foreign direct investment and globalization index. The results indicate that economic growth is a dynamic process. The intra-industry has a positive impact on economic growth. This paper confirms relevant theoretical hypothesis as foreign direct investment and globalization promotes the economic growth. The good results obtained with GMM system estimator suggest that the building of dynamic theoretical models will be of interest to academic researchers.

Descrição

Palavras-chave

Exogenous models Endogenous models Panel Data United States

Contexto Educativo

Citação

LEITÃO, Nuno Carlos - Economic growth, globalization and trade. Management research and practice. ISSN 2067- 2462. 4:3 (2012) 18-24

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Fascículo

Editora

Bucharest Faculty of management. Academy of economic studies

Coleções

Licença CC