Does the Customs Clearance Process Affect Economic Growth? A Panel VAR Data Analysis

Christos Katris – Independent Authority for Public Revenue, Achaia Customs Region, Patras, Greece
Evangelos Daskalopoulos – Independent Authority for Public Revenue, Achaia Customs Region, Patras, Greece
Aristeidis Mylonas – Independent Authority for Public Revenue, Achaia Customs Region, Patras, Greece

Abstract: The scope of this paper is to investigate whether the Customs clearance process can affect the economic growth in Greece. With the term growth, we mean the GDP per capita and a more general concept as it is ex­pressed in the Human Development Index which is addressed by the term development. The considered variables are the “Logistics Performance In­dex: Efficiency of the customs clearance process (1=low to 5=high)”, the “Human Development Index”, the “GDP per capita growth rate” and oth­er development and governance indicators from the World Bank. The re­sults stem from the econometric design of the panel VAR approach where the “Logistics performance index: Efficiency of customs clearance process (1=low to 5=high)” is the considered dependent variable and the other var­iables are the independent variables while the period is from 2000 to 2021 in our study.

8th International Scientific Conference – EMAN 2024 – Economics and Management: How to Cope With Disrupted Times, Rome, Italy, March 21, 2024, SELECTED PAPERS, published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-84-4, ISSN 2683-4510, DOI: https://doi.org/10.31410/EMAN.S.P.2024

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