THE RELATIONSHIP BETWEEN FOREIGN DIRECT INVESTMENT, TRADE AND ECONOMIC GROWTH IN THE CZECH REPUBLIC

被引：0
|
作者：
Szkorupova, Zuzana [1 ]
机构：
[1] Slezska Univ, Obchodne Podnikatelska Fak, Univ Nam 1934-3, Karvina 73340, Czech Republic
来源：
PROCEEDINGS OF THE 11TH INTERNATIONAL CONFERENCE: ECONOMIC POLICY IN THE EUROPEAN UNION MEMBER COUNTRIES, SELECTED PAPERS | 2013年
关键词：
foreign direct investment; trade; economic growth; co-integration; VECM; Czech Republic;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Foreign direct investment is generally considered to be an instrument how to stimulate economic growth of any country. Just because of this purpose governments of the transition countries try to encourage the inflow of foreign direct investment by various measures. The paper is focused on the effect of foreign direct investment and trade on economic growth. The main objective is to find the relationship between foreign direct investment, trade and economic growth. Estimation of effects of foreign direct investment and trade on economic growth was performed for the Czech Republic in the period from Q1 2001-Q1 2013. The co -integration method and vector error correction model were applied on quarterly data. The results confirm the existence of long-term relation between the variables analysed. The results confirm a positive impact of foreign direct investment and export on economic growth.
引用
收藏
页码：350 / 357
页数：8
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