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Foreign Direct Investment and Growth Causality in the EU Countries and in the Transition Economies

In: Economic Growth in the European Union

Author

Listed:
  • Nikolaos Apostolopoulos

    (Neapolis University Pafos)

  • Zacharias Dermatis

    (University of Peloponnese)

  • Panagiotis Liargovas

    (University of Peloponnese)

Abstract

This chapter investigates the impact of FDI on the GDP, in three groups of European countries; the European Union countries (EU-28), the Euro Area countries (EA-19), and the Eastern European Countries (EEC). An empirical model for this correlation was used to calculate the level of this correlation. The results reveal that FDI has a decisive impact on GDP, although it differs in each one of the previously mentioned groups of countries.

Suggested Citation

  • Nikolaos Apostolopoulos & Zacharias Dermatis & Panagiotis Liargovas, 2020. "Foreign Direct Investment and Growth Causality in the EU Countries and in the Transition Economies," Contributions to Economics, in: Christos Nikas (ed.), Economic Growth in the European Union, pages 113-124, Springer.
    • Handle: RePEc:spr:conchp:978-3-030-48210-7_9
    DOI: 10.1007/978-3-030-48210-7_9
    as

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