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Trends in FDI and its role in Development and Convergence

Author

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  • Lucian Liviu ALBU

    (Institute for Economic Forecasting, Romanian Academy)

Abstract

The empirical study is based on 138 countries (and territories) for which there are available comparable data regarding FDI at UNCTAD, FDI/MNE database (www.unctad.org/fdistatistics) for 2000-2017. In order to analyse the relations between FDI and GDP per capita and the socalled Real Convergence, usually evaluated only based on expressing GDP per capita in international dollars PPP (Purchasing Power Parity), data for the global economy (represented by the group of 138 countries and territories, as W138), are for the period 2000-2018 from World Bank, and for the period up to 2024 from IMFforecast (IMF Report,April 2019).

Suggested Citation

  • Lucian Liviu ALBU, 2019. "Trends in FDI and its role in Development and Convergence," Working Papers of Institute for Economic Forecasting 190612, Institute for Economic Forecasting.
    • Handle: RePEc:rjr:wpiecf:190612
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    More about this item

    Keywords

    FDI; convergence; growth;
    All these keywords.

    JEL classification:

    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O50 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - General

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