Year: 2025
Type: article
Abstract: This paper presents a study of the impact of economic openness (imports, exports and foreign direct investment) on the economic growth of Bosnia and Herzegovina (B&H) in the period from 2005 to 2024. The paper applied multiple regression and OLS estimation. The research results indicate that the observed independent variables have a significant impact in the estimated model. The variables exports and foreign direct investment have a positive effect on the economic growth of Bosnia and Herzegovina, while imports have a negative effect. The main limitation of the conducted research is the relatively short observation period, i.e. the inability to apply quarterly or monthly data in the empirical analysis. Finally, the obtained results can contribute to the generation of economic policies that will focus on those economic factors that contribute most to the economic growth of Bosnia and Herzegovina.
Source: BH Ekonomski forum
Authors: Haris Omerika, Alem Merdić
Language: English
Topic: Global trade and economics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4415611444
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