Modeling Of Causal Relationships Between Foreign Direct Investement, Export And Economic Growth For Slovenia
AbstractForeign direct investment is generally considered to be an instrument how to stimulate economic growth of any country. Just because of this purpose governments of transition countries try to encourage the inflow of foreign direct investment by various measures. The aim of this paper is to analyse the relation between foreign direct investment, economic growth and export in Slovenia. For this purpose we apply cointegration analysis along with the vector error correction model. The results confirm the existence of a long-term relation between the variables analysed. We reveal a positive impact of GDP and impact of foreign direct investment on export.
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Bibliographic InfoArticle provided by Faculty of Economics in Osijek, Croatia in its journal Interdisciplinary Management Research.
Volume (Year): 6 (2010)
Issue (Month): ()
foreign direct investment; economic growth; export; cointegration; error correction model;
Find related papers by JEL classification:
- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
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- Mete Feridun & Yaya Sissoko, 2011. "Impact of FDI on Economic Development: A Causality Analysis for Singapore, 1976 – 2002," International Journal of Economic Sciences and Applied Research (IJESAR), Technological Educational Institute (TEI) of Kavala, Greece, vol. 4(1), pages 7-17, March.
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