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The relationship between the education system and the inflows of FDI for the Central and East European EU new member states

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  • Vasile Alecsandru STRAT

    (University of Economic Studies, Bucharest, Romania)

Abstract

The relationship between the inflows of FDI received by a country and its educational system is still a topic under debate. The present work analyzes the linkages created between the inflows of FDI received by a host country and some major aspects related to the educational system using a methodology based on the T-Y procedure. The study uses cross-national yearly data, for the period 1990–2012 for a sample of five new EU member states from Eastern Europe. The study provides evidences that there are important relationships between the educational system and the inflows of FDI (for the analyzed sample).

Suggested Citation

  • Vasile Alecsandru STRAT, 2015. "The relationship between the education system and the inflows of FDI for the Central and East European EU new member states," Romanian Journal of Economics, Institute of National Economy, vol. 41(2(50)), pages 76-92, december.
  • Handle: RePEc:ine:journl:v:41:y:2015:a:50:p:76-92
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    References listed on IDEAS

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    Cited by:

    1. Kottaridi, Constantina & Louloudi, Konstantina & Karkalakos, Sotiris, 2019. "Human capital, skills and competencies: Varying effects on inward FDI in the EU context," International Business Review, Elsevier, vol. 28(2), pages 375-390.

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    More about this item

    Keywords

    Foreign Direct Investments; school enrolment; human capital; causality relation; Toda-Yamamoto procedure;
    All these keywords.

    JEL classification:

    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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