أثر الانفتاح التجاري على النمو الاقتصادي في دول البريكس : دراسة قياسية باستخدام نموذج PANEL-ARDL

الملخص EN

The objective of this study is to examine the impact of trade openness on the economic growth of the BRICS by using the PANEL-ARDL model، considering the rate of economic growth as a dependent variable and both trade openness (expressed as the average of total exports and imports to GDP), foreign direct investment and fixed capital formation as independent variables.

The results of the test of stationary confirmed that the variables are cointegrated in I(0) and I(1) allowing to make an PANEL-ARDL Model.

The results of the PANEL-ARDL model estimate found a long-term equilibrium relationship between variables، also, the trade openness has a positive and significant effect on growth rate.