Impacts of globalisation on economic growth in Europe Union countries
The establishment of the European Union (EU) is the most visible demonstration of the impact of globalisation on economic growth. This study aims to clarify the impacts of globalisation on economic growth in the EU region. Based on panel data analysis with statistics collected from twenty-seven Euro...
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| Format: | Article |
| Language: | English |
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HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE
2023-02-01
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| Series: | Ho Chi Minh City Open University Journal of Science - Economics and Business Administration |
| Subjects: | |
| Online Access: | https://journalofscience.ou.edu.vn/index.php/econ-en/article/view/2206 |
| _version_ | 1797861941439365120 |
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| author | Huynh Thi Dieu Linh Truong Ngoc Linh |
| author_facet | Huynh Thi Dieu Linh Truong Ngoc Linh |
| author_sort | Huynh Thi Dieu Linh |
| collection | DOAJ |
| description | The establishment of the European Union (EU) is the most visible demonstration of the impact of globalisation on economic growth. This study aims to clarify the impacts of globalisation on economic growth in the EU region. Based on panel data analysis with statistics collected from twenty-seven European Union member states continuously for the years 2004 to 2018, the results from the research show that globalisation in general and its all three dimensions including economic, political, and social globalisation have positive impacts on economic growth. Political globalisation has a lower impact level than the other aspects. This is the first research using three dimensions of the KOF Globalisation Index to examine the impact of globalisation on the EU-27 area and it does verify the impact of political and social globalisation on economic growth, in addition to the previous controversy about the impacts of these two aspects. |
| first_indexed | 2024-04-09T22:11:21Z |
| format | Article |
| id | doaj.art-0bfe043841ed4323a156d40f915242e4 |
| institution | Directory Open Access Journal |
| issn | 2734-9314 2734-9586 |
| language | English |
| last_indexed | 2024-04-09T22:11:21Z |
| publishDate | 2023-02-01 |
| publisher | HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE |
| record_format | Article |
| series | Ho Chi Minh City Open University Journal of Science - Economics and Business Administration |
| spelling | doaj.art-0bfe043841ed4323a156d40f915242e42023-03-23T08:58:34ZengHO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCEHo Chi Minh City Open University Journal of Science - Economics and Business Administration2734-93142734-95862023-02-011318710210.46223/HCMCOUJS.econ.en.13.1.2206.20231870Impacts of globalisation on economic growth in Europe Union countriesHuynh Thi Dieu Linh0Truong Ngoc Linh1Danang University of Economics - The University of Danang, DanangDanang University of Economics - The University of Danang, DanangThe establishment of the European Union (EU) is the most visible demonstration of the impact of globalisation on economic growth. This study aims to clarify the impacts of globalisation on economic growth in the EU region. Based on panel data analysis with statistics collected from twenty-seven European Union member states continuously for the years 2004 to 2018, the results from the research show that globalisation in general and its all three dimensions including economic, political, and social globalisation have positive impacts on economic growth. Political globalisation has a lower impact level than the other aspects. This is the first research using three dimensions of the KOF Globalisation Index to examine the impact of globalisation on the EU-27 area and it does verify the impact of political and social globalisation on economic growth, in addition to the previous controversy about the impacts of these two aspects.https://journalofscience.ou.edu.vn/index.php/econ-en/article/view/2206economic growtheurope unionglobalisationkof globalisation indexpanel data |
| spellingShingle | Huynh Thi Dieu Linh Truong Ngoc Linh Impacts of globalisation on economic growth in Europe Union countries Ho Chi Minh City Open University Journal of Science - Economics and Business Administration economic growth europe union globalisation kof globalisation index panel data |
| title | Impacts of globalisation on economic growth in Europe Union countries |
| title_full | Impacts of globalisation on economic growth in Europe Union countries |
| title_fullStr | Impacts of globalisation on economic growth in Europe Union countries |
| title_full_unstemmed | Impacts of globalisation on economic growth in Europe Union countries |
| title_short | Impacts of globalisation on economic growth in Europe Union countries |
| title_sort | impacts of globalisation on economic growth in europe union countries |
| topic | economic growth europe union globalisation kof globalisation index panel data |
| url | https://journalofscience.ou.edu.vn/index.php/econ-en/article/view/2206 |
| work_keys_str_mv | AT huynhthidieulinh impactsofglobalisationoneconomicgrowthineuropeunioncountries AT truongngoclinh impactsofglobalisationoneconomicgrowthineuropeunioncountries |