| Abstract [eng] |
Export is necessary for the country‘s economic growth and its development is one of the most important factors in the Gross Domestic Product development. Since the domestic market in the Baltic countries is small, the companies, in order to survive and expand, are increasing exports and creating new job vacancies at the same time. In addition, export is important to country‘s competitiveness. International investments, labour efficiency, inflation if there is a fixed exchange rate, also contribute to the export growth. It was estimated that during the period the research was held, the export volume in the Baltic states was increasing. However, there were some declines due to external factors such as global economic crisis and Russian embargo. Global economic crisis, migration and joining the European Union made an impact on macroeconomic indicators in the Baltic states. The research results have shown that the data analyzed in Estonia, Latvia and Lithuania is distributed according to normal distribution. Calculated correlation coefficients suggest that export in all countries has a very strong positive linear correlation with the GDP, FDI and labor productivity per person. Regression models are relevant. |
