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Título: Foreign Direct Investment and growth in Central, Eastern and Southern Europe
Palabras clave: Foreign Direct Investment
economic growth
transition economies
Fecha de publicación: 16-Jul-2012
Editorial: Investigación económica
Descripción: This paper examines the role of Foreign Direct Investment (FDI) in promoting growth in 25 Central, Eastern and Southern European countries (CESE) using a dynamic panel approach that includes lags of involved variables to mitigate the problem of serial correlation. It adopts also a ‘general-to-specific’ approach to deal with the problem of the omitted variable and uses different estimation methods to control for heterogeneity. The main finding is that FDI has a positive and significant impact on economic growth coupled with an open economic environment.
Other Identifiers: http://www.scielo.org.mx/scielo.php?script=sci_arttext&pid=S0185-16672010000100005
Aparece en las Colecciones:Investigación Económica

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