Foreign Direct Investment and growth in Central, Eastern and Southern Europe

被引：0
|
作者：
Sapienza, Elvira [1 ]
机构：
[1] Univ Naples Federico 2, Fac Polit Sci, Dipartimento Sci Stat, I-80138 Naples, Italy
来源：
INVESTIGACION ECONOMICA | 2010年 / 69卷 / 271期
关键词：
Foreign Direct Investment; economic growth; transition economies; SPILLOVER EFFICIENCY; PRODUCTIVITY GROWTH; DOMESTIC FIRMS; PANEL-DATA;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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.
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页码：99 / +
页数：42
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