Jurnal Ekonomi
Vol. 13 No. 04 (2024): Edition October -December 2024

The Effect Of International Trade On Austria's Economic Growth

Azzura Dya Elsiva (Unknown)
Maulidyah Indira Hasmarin (Unknown)



Article Info

Publish Date
28 Nov 2024

Abstract

In this study we analyze how international trade relates to economic growth in Austria. International trade is an economic activity by exporting and importing between countries, with the aim of improving the country's economy. The data set used in this study comes from the world bank, from 1992-2022, then processed using Eviews 12 software. The analytical instrument employed in this research is quantitative utilising the Error Correction Model (ECM) regression analysis method. The test results show that the variables of Exports, Imports, and Foreign Direct Investment have no significant short-term impact on Austrian economic growth, while inflation has a significant impact on the Austrian economy. In the long run, the variables Exports, Imports, Foreign Direct Investment have a significant effect on Austrian economic growth, while inflation has no significant impact on economic growth.

Copyrights © 2024






Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p. ISSNĀ 2301-6280, e. ISSNĀ 2721-9879] is a peer-reviewed journal published Half times a year (June, and December) by SEAN Institute. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economics research. Jurnal Ekonomi invites manuscripts ...