AN ANALYSIS OF THE EVOLUTION OF ALBANIAN - GREEK TRADE FLOWS

• Authors: Sulillari, Junada , Nasto, Kostandin

Abstracts

EN

The aim of this study is to realize an analysis of the trade relations between Albania and Greece. Through the study, researchers want to show how trade relations between these countries have changed during the years, and also want to reveal some of the things that dominate these relations. Part of the study will also be the analysis that will help understand the relationship between the trade flows and the Greek GDP. Also, it will be possible to see if these trade flows have experienced any shock during the period taken into consideration. The analysis will be realized by using an econo-metric linear model, and to discover if there has been any shock, the Error Correcting Model will be used. The study proved that Greece is one of the main trade partners of Albania. The volume of the trade flows with Greece represents an important part of the overall trade flows of Albania. Based on the dates analyzed the study revealed that imports composition has changed more in comparison with the exports. The study also revealed that there has been a shock in the trade flows during the period taken into consideration.

Keywords

EN

imports; exports; the balance of trade; structural change; trade flows; trade partner

• Publisher: Międzynarodowy Instytut Innowacji Nauka – Edukacja – Rozwój w Warszawie
• Journal: International Journal of New Economics and Social Sciences
• Year: 2019
• Volume: 9(1)
• Pages: 167-180

Dates

published

2019-07-26

Contributors

author

Sulillari, Junada

author

Nasto, Kostandin

Identifiers

DOI

10.5604/01.3001.0013.3041