Foreign direct investments in Romania in EU28 framework
Journal Title: Computational Methods in Social Sciences - Year 2015, Vol 3, Issue 2
Abstract
Foreign direct investments flows are perceived by economic policymakers and by economic researchers as one of the key-determinants of the process of adjustment and structural modernization of emerging economies. They are also recognized in the economic literature as an important source of economic growth. This research aims to identify whether FDI can contribute to the economic growth of a country and to estimate whether the foreign investors are attracted to invest in economies that recorded successive growth rates. This approach involves the use of econometric tools and descriptive statistics to empirically support the assumptions made. Thus, for the quantitative analysis Eviews 7 and ArcGIS software tools were used. For the case study we analysed the Romanian economic situation in the current European context. First we take a look at the main evolution of foreign direct investment flows in the European Union. Subsequently we focus on the FDI flows into the Romanian economy and we test the links between these FDI flows and the economic growth process.
Authors and Affiliations
Constantin Postoiu, Ionuț Bușega
Keywords
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