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Foreign direct investments in Romania in EU28 framework


  • Constantin Postoiu

    () (The Bucharest University of Economics Studies, Piața Romană 6, București 010374)

  • Ionuț Bușega

    () (The Bucharest University of Economics Studies, Piața Romană 6, București 010374)


Foreign direct investments flows are perceived by economic policymakers and by economic researchers as one of the key - determinants of the process of adjustment and structural modernization of emerging economies. They are also recognized in the economic literature as an important source of economic growth. This research aims to identify whether FDI can contribute to the economic growth of a country and to estimate whether the foreign investors are attracted to invest in economies that recorded successive growth rates. This approach involves the use of econometric tools and descriptive statistics to empirically support the assumptions made. Thus, for the quantitative analysis Eviews 7 and ArcGIS software tools were used. For the case study we analysed the Romanian economic situation in the current European context. First we take a look at the main evolution of foreign direct investment flows in the European Union. Subsequently we focus on the FDI flows into the Romanian economy and we test the links between these FDI flows and the economic growth process.

Suggested Citation

  • Constantin Postoiu & Ionuț Bușega, 2015. "Foreign direct investments in Romania in EU28 framework," Computational Methods in Social Sciences (CMSS), "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences, vol. 3(2), pages 05-14, December.
  • Handle: RePEc:ntu:ntcmss:vol3-iss2-15-005

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    References listed on IDEAS

    1. Abdul Khaliq & Ilan Noy, 2007. "Foreign Direct Investment and Economic Growth: Empirical Evidence from Sectoral Data in Indonesia," Working Papers 200726, University of Hawaii at Manoa, Department of Economics.
    2. Borensztein, E. & De Gregorio, J. & Lee, J-W., 1998. "How does foreign direct investment affect economic growth?1," Journal of International Economics, Elsevier, vol. 45(1), pages 115-135, June.
    3. GOSCHIN Zizi & DANCIU Aniela-Raluca & SERBU Razvan Rares Sorin, 2013. "Understanding The Regional Determinants Of The Fdi In Romania: Evidence From A Panel Data Model," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 65(5), pages 207-222.
    4. Danciu Aniela Raluca & Zizi Goschin & Mihaela Gruiescu, 2010. "The Regional Disparities Of The Fdi In Romania," Romanian Economic Business Review, Romanian-American University, vol. 5(4), pages 23-31, december.
    5. Nigel Driffield & Max Munday, 2000. "Industrial Performance, Agglomeration, and Foreign Manufacturing Investment in the UK," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 31(1), pages 21-37, March.
    6. Balcao Reis, Ana, 2001. "On the welfare effects of foreign investment," Journal of International Economics, Elsevier, vol. 54(2), pages 411-427, August.
    7. Erhard Reschenhofer & Michael Schilde & Eva Oberecker & Ellen Payr & Hasan Tandogan & Lea Wakolbinger, 2012. "Identifying the determinants of foreign direct investment: a data-specific model selection approach," Statistical Papers, Springer, vol. 53(3), pages 739-752, August.
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