Foreign Direct Investment and Growth

• 영문명: Foreign Direct Investment and Growth : EU, EMU, and Transition Economies
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Anastasia Angelopoulou Panagiotis Liargovas
• 간행물 정보: 『Journal of Economic Integration』제29권 제3호, 470~495쪽, 전체 26쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2014.09.30

영문 초록

This paper empirically examines the relationship between Foreign Direct Investment (FDI) and economic growth conducting a panel data analysis for a period of 20 years (1989~2008) in three different country groups: European Union member-countries, European Monetary Union member-countries, and countries in transition. These three country groups differ in many dimensions, one of which is their degree of economic integration. In contrast to the theoretical work that tends to suggest that FDI inflows have a positive effect on economic growth, we do not find a robust causality relationship between FDI and economic growth.

목차

Ⅰ. Introduction

Ⅱ. Previous Empirical Literature

Ⅲ. Data and Methodology

Ⅳ. The Empirical Model

Ⅴ. Empirical Results

Ⅵ. Concluding Remarks

키워드

FDI Economic Growth Transition Countries EU Countries