The Impact of the Customs Clearance Process on Unemployment and Foreign Direct Investments in Greece. A Panel Var Approach.

Tenth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research

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 * Disclaimer: The views expressed in this publication are the sole responsibility of the authors and do not necessarily reflect the views of the IAPR (Ξ‘.Ξ‘.Ξ”.Ξ•.).

Abstract:

The scope of this paper is to investigate whether the Customs clearance process can affect unemployment and Foreign Direct Investments in Greece. The considered variables are the β€œLogistics performance index: Efficiency of customs clearance process (1=low to 5=high)”, the national estimate of the total unemployment rate, the net inflows of FDI (measured in current $ and as % of GDP), and other development and governance indicators from the World Bank. In this work, for the extraction of the results, the econometric design of the panel VAR approach, where the β€œLogistics 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 time span is from 2000 to 2021. The finding from this study is that the improvement of the Customs clearance process can reduce unemployment in Greece and attract foreign direct investments.

Tenth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research - LIMEN 2024 - International Scientific-Business Conference – LIMEN 2024: Vol 10. Selected Papers , December 5, 2024

Conference Proceedings published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia

ISBN: 9788680194936 , ISSN: 26836149 , DOI: 10.31410/LIMEN.S.P.2024

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.

Suggested Citation

Katris, C., Daskalopoulos, E., & Mylonas, A. (2025). The Impact of the Customs Clearance Process on Unemployment and Foreign Direct Investments in Greece. A Panel Var Approach.. International Scientific-Business Conference – LIMEN 2024: Vol 10. Selected Papers (pp. 225-235). Association of Economists and Managers of the Balkans, Belgrade, Serbia. https://doi.org/10.31410/LIMEN.S.P.2024.225

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