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Theoretical and Applied Economics
No. 1 / 2024 (638), Spring

Impact of final consumption, domestic investment, exports, and imports on economic growth in Albania

Najwa AKERMI
University of Sfax, Tunisia
Nadia Ben YEDDER
University of Manouba Tunisia
Sayef BAKARI
University of Jendouba, Tunisia

Abstract. The aim of this paper is to explore the impact of final consumption, domestic investment, exports and imports on economic growth in the case of Albania during the period 1996-2021. By using cointegration analysis, VECM model and WALD test, empirical analysis indicated that there is no causality relationship between final consumption, exports, domestic investment, imports and economic growth in the long run and in the short run. These findings present the critical economic situation of Albania, which stands in need of an entry of urgent economic reforms and strong strategies to boost economic growth.

Keywords: final consumption, domestic investment, exports, imports, economic growth, VECM, Albania.

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016

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