<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This paper examines the factors influencing Kosovo's economic growth from 2009 to 2022, specifically investigating the relationship between export, capital formation, consumption, and economic growth using co-integration analysis and the Vector Autoregressive Model (VAR). The findings indicate that exports of goods and services, as well as household consumption, negatively affect economic growth. Conversely, gross capital formation positively impacts economic growth. The study underscores the complexity of economic growth, highlighting the varied significance of different determinants in different contexts. Key findings reveal that while export and gross capital formation are significant contributors to economic growth, household consumption shows an insignificant relationship to GDP. This research contributes to the ongoing debate on the critical factors influencing economic growth, providing empirical evidence from the context of Kosovo and enhancing our understanding of these dynamics, thus offering new insights for policymakers.</p>
</abstract>

This paper examines the factors influencing Kosovo's economic growth from 2009 to 2022, specifically investigating the relationship between export, capital formation, consumption, and economic growth using co-integration analysis and the Vector Autoregressive Model (VAR). The findings indicate that exports of goods and services, as well as household consumption, negatively affect economic growth. Conversely, gross capital formation positively impacts economic growth. The study underscores the complexity of economic growth, highlighting the varied significance of different determinants in different contexts. Key findings reveal that while export and gross capital formation are significant contributors to economic growth, household consumption shows an insignificant relationship to GDP. This research contributes to the ongoing debate on the critical factors influencing economic growth, providing empirical evidence from the context of Kosovo and enhancing our understanding of these dynamics, thus offering new insights for policymakers.

Determinants of Economic Growth in the Republic of Kosovo

SEEU Review

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"Determinants of Economic Growth in the Republic of Kosovo"}

This paper examines the factors influencing Kosovo's economic growth from 2009 to 2022, specifically investigating the relationship between export, capital...

Determinants of Economic Growth in the Republic of Kosovo

Published Online: Jun 26, 2024

Page range: 132 - 148

DOI: https://doi.org/10.2478/seeur-2024-0032

Keywords
Capital formation, consumption, economic growth, export, Republic of Kosovo, VAR

© 2024 Arta Krasniqi Markaj et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Determinants of Economic Growth in the Republic of Kosovo

Published Online: Jun 26, 2024

Page range: 132 - 148

DOI: https://doi.org/10.2478/seeur-2024-0032

KeywordsCapital formation, consumption, economic growth, export, Republic of Kosovo, VAR

© 2024 Arta Krasniqi Markaj et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
Capital formation, consumption, economic growth, export, Republic of Kosovo, VAR