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https://doi.org/10.18045/zbefri.2020.183

Globalization and economic growth of Eurozone economies

Marija Radulović ; University of Kragujevac, Faculty of Economics, Serbia.
Milan Kostić ; University of Kragujevac, Faculty of Economics, Serbia

Puni tekst: engleski, pdf (2 MB) str. 183-214 preuzimanja: 18* citiraj
APA 6th Edition
Radulović, M. i Kostić, M. (2020). Globalization and economic growth of Eurozone economies. Zbornik radova Ekonomskog fakulteta u Rijeci, 38 (1), 183-214. https://doi.org/10.18045/zbefri.2020.183
MLA 8th Edition
Radulović, Marija i Milan Kostić. "Globalization and economic growth of Eurozone economies." Zbornik radova Ekonomskog fakulteta u Rijeci, vol. 38, br. 1, 2020, str. 183-214. https://doi.org/10.18045/zbefri.2020.183. Citirano 10.08.2020.
Chicago 17th Edition
Radulović, Marija i Milan Kostić. "Globalization and economic growth of Eurozone economies." Zbornik radova Ekonomskog fakulteta u Rijeci 38, br. 1 (2020): 183-214. https://doi.org/10.18045/zbefri.2020.183
Harvard
Radulović, M., i Kostić, M. (2020). 'Globalization and economic growth of Eurozone economies', Zbornik radova Ekonomskog fakulteta u Rijeci, 38(1), str. 183-214. https://doi.org/10.18045/zbefri.2020.183
Vancouver
Radulović M, Kostić M. Globalization and economic growth of Eurozone economies. Zbornik radova Ekonomskog fakulteta u Rijeci [Internet]. 2020 [pristupljeno 10.08.2020.];38(1):183-214. https://doi.org/10.18045/zbefri.2020.183
IEEE
M. Radulović i M. Kostić, "Globalization and economic growth of Eurozone economies", Zbornik radova Ekonomskog fakulteta u Rijeci, vol.38, br. 1, str. 183-214, 2020. [Online]. https://doi.org/10.18045/zbefri.2020.183
Puni tekst: hrvatski, pdf (2 MB) str. 183-214 preuzimanja: 24* citiraj
APA 6th Edition
Radulović, M. i Kostić, M. (2020). Globalizacija i ekonomski rast ekonomija Eurozone. Zbornik radova Ekonomskog fakulteta u Rijeci, 38 (1), 183-214. https://doi.org/10.18045/zbefri.2020.183
MLA 8th Edition
Radulović, Marija i Milan Kostić. "Globalizacija i ekonomski rast ekonomija Eurozone." Zbornik radova Ekonomskog fakulteta u Rijeci, vol. 38, br. 1, 2020, str. 183-214. https://doi.org/10.18045/zbefri.2020.183. Citirano 10.08.2020.
Chicago 17th Edition
Radulović, Marija i Milan Kostić. "Globalizacija i ekonomski rast ekonomija Eurozone." Zbornik radova Ekonomskog fakulteta u Rijeci 38, br. 1 (2020): 183-214. https://doi.org/10.18045/zbefri.2020.183
Harvard
Radulović, M., i Kostić, M. (2020). 'Globalizacija i ekonomski rast ekonomija Eurozone', Zbornik radova Ekonomskog fakulteta u Rijeci, 38(1), str. 183-214. https://doi.org/10.18045/zbefri.2020.183
Vancouver
Radulović M, Kostić M. Globalizacija i ekonomski rast ekonomija Eurozone. Zbornik radova Ekonomskog fakulteta u Rijeci [Internet]. 2020 [pristupljeno 10.08.2020.];38(1):183-214. https://doi.org/10.18045/zbefri.2020.183
IEEE
M. Radulović i M. Kostić, "Globalizacija i ekonomski rast ekonomija Eurozone", Zbornik radova Ekonomskog fakulteta u Rijeci, vol.38, br. 1, str. 183-214, 2020. [Online]. https://doi.org/10.18045/zbefri.2020.183

Sažetak
Globalization is a process of world economic integration which leads to the global economy without borders. The paper estimates the impact of globalization on economic growth in the case of European Monetary Union countries (EMU). Authors used three components of globalization – economic, social, and political globalization. Pooled Mean Group estimator (PMG) was used to estimate the long-run and short-run relationship between globalization and economic growth. The results showed that in the short-run, economic and social globalization has a positive impact on economic growth, while political globalization has a negative effect on the economic growth of EMU countries. In the long-run, economic globalization has a statistically significant positive impact on the economic growth of EMU countries, while social and political globalization has a negative effect on the economic growth of EMU countries. Authors recommend, for each country, case by case approach in accepting the globalization process. The approach depends on the country’s development stage, social, and political background. Thus, the approach for developing and least developed countries could be an evolutionary way, while for the developed ones a faster way of acceptances of globalization, for developed countries.

Ključne riječi
economic; political and social globalization; economic growth; monetary union; case by case approach

Hrčak ID: 240200

URI
https://hrcak.srce.hr/240200

[hrvatski]

Posjeta: 75 *