Badanie zależności pomiędzy handlem zagranicznym a PKB z wykorzystaniem modelu VAR oraz przyczynowości Grangera

• Authors: Marcin Pisarski

Title variants

EN

Relationship between foreign trade and GDP: VAR model and Granger causality

• Languages of publication: PL

Abstracts

EN

The main goal of this paper is to examine relationships between GDP and inter-national trade (exports and imports). Foreign trade channels which can affect national in-come have been listed and the impact of trade on GDP was described. Differences between a closed and an open economy are shown. The autoregression vector (VAR) model was used as well as Granger causality test. Quarterly dataset for the USA, the period from 1997:Q1 to 2013:Q3 was used. The results of Granger causality test led us to the conclusion that export causes GDP and also GDP and import affect each other (in Granger causality).

Keywords

EN

VAR; Granger; causality; GDP; international trade

• Publisher: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
• Journal: Econometrics. Ekonometria. Advances in Applied Data Analytics
• Year: 2013
• Issue: 4(42)
• Pages: 103-116

Contributors

author

Marcin Pisarski

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