The Impact of Foreign Direct Investments and Remittances on Economic Growth: A Case Study in Central and Eastern Europe

Călin-Adrian Comes · Elena Bunduchi · Valentina Vasile · Daniel Ștefan

121 citations0/0 files storedSustainability

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

International Business and FDI Migration and Labor Dynamics Economic Growth and Productivity

Abstract

This paper investigates the impact of Foreign Direct Investment (FDI) and remittances on Economic Growth (EG), using panel data of seven countries from Central and Eastern Europe with a Gross Domestic Product (GDP) per capita under 25,000 $. The empirical literature stressed the relationships between FDI and remittances and economic growth, and our purpose is to identify if there are significant relationships between FDI, remittances and economic growth in the seven analyzed countries. We find a positive impact of both FDI and remittances on GDP, but the influence of FDI is higher in all analyzed states, with accepting the assumption of ceteris paribus principles in limiting research caused by other possible determinants.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 121 citations exist upstream.

References

1998How does foreign direct investment affect economic growth?n.d.Aid, Policies, and Growth 2003FDI and economic growth: the role of local financial markets 1996Foreign Direct Investment and Growth in EP and is Countries 2005Do international migration and remittances reduce poverty in developing countries?2002Does Foreign Direct Investment Accelerate Economic Growth?2008Panel Data Econometrics in R : The plm Package 2008Remittances, financial development, and growth

Cited by

2020The impact of remittances on economic growth in Bangladesh, India, Pakistan and Sri Lanka 2019Exploring Foreign Direct Investment–Economic Growth Nexus—Empirical Evidence from Central and Eastern European Countries 2021Foreign Direct Investment’s Impact on China’s Economic Growth, Technological Innovation and Pollution 2022A multi-criteria approach to the comparative analysis of the global innovation index on the example of the Western Balkan countries 2023Foreign direct investment, remittances, real exchange rate, imports, and economic growth in Ghana: An ARDL approach

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.