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The Empirical Analysis Of The Relation Between Fdi, Exports And Economic Growth For Romania

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  • Lenuta Carp (Ceka)

    (Doctoral School of Economics and Business Administration - Alexandru Ioan Cuza University of Iasi Romania)

Abstract

FDIs are considered a key engine to enhance economic growth both in developed and emerging economies, through various channels such as technology transfer, human and physical capital accumulation, commercial channel. The present paper aims at emphasizing the strong, long – term impact of FDI inflows on economic growth through the volume of exports. Using data over the period 1990 – 2012, the article has proved the existence of an important influence exerted by foreign inflows on the GDP growth rates based on a Johansen Co-integration and VECM analysis. Further research will be developed through a panel study on developed and developing economies.

Suggested Citation

  • Lenuta Carp (Ceka), 2014. "The Empirical Analysis Of The Relation Between Fdi, Exports And Economic Growth For Romania," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 6(1), pages 32-41, March.
    • Handle: RePEc:jes:wpaper:y:2014:v:6:i:1:p:32-41
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    References listed on IDEAS

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    More about this item

    Keywords

    FDI; exports; economic growth; Johansen Co-integration.;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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