A Causal Relationship between Foreign Direct Investment, Economic Growth and Export for Central and Eastern Europe
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F12%3A%230001855" target="_blank" >RIV/47813059:19520/12:#0001855 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
A Causal Relationship between Foreign Direct Investment, Economic Growth and Export for Central and Eastern Europe
Original language description
Foreign direct investment is generally considered to be an instrument how to stimulate economic growth of any country. For this purpose governments of transition countries try to encourage the inflow of foreign direct investment by various measures. Theaim of this paper is to analyse the relation between foreign direct investment, economic growth and export in eight countries of Central and Eastern Europe. Estimation of effects on economic growth and export was performed for each country of the regionindividually in the period from 1993 to 2010. The co-integration method and vector error correction model were applied on quarterly data. The results confirm the existence of long-term causal links between variables studied in five of the eight countriesof the region. The impact of foreign direct investment within the region of Central and Eastern Europe, however, is not clear, since there were positive as well as negative effects proven on export.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the 30th International Conference Mathematical Methods in Economics 2012
ISBN
978-80-7248-779-0
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
201-206
Publisher name
Slezská univerzita v Opavě, Obchodně podnikatelská fakulta v Karviné
Place of publication
Karviná
Event location
Karviná
Event date
Jan 1, 2012
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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