What is it about?
The aim of this paper is to investigate the impact of foreign direct investment (FDI) on economic growth in the transition countries of southeast Europe. The empirical analysis embraces seven southeast European countries in the period 1998-2007. The Prais-Winsten regression with panel-corrected standard errors is used for the preferred estimation model. The main research result is the positive and statistically significant effect of FDI on economic growth.
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Why is it important?
The focus of the research is on Southeast European countries and confirm arguments about positive impact of FDI on the economic growth in transitional economies.
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This page is a summary of: The Impact of FDI on Economic Growth: Some Evidence from Southeast Europe, Emerging Markets Finance and Trade, January 2013, Taylor & Francis,
DOI: 10.2753/ree1540-496x4901s101.
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