FDI Role in Promoting the Economic Growth - A Problem Still Ambiguous
29 Pages Posted: 9 Feb 2007
Date Written: October 2006
Abstract
Even promoted in a systematic manner, the policy of FDI attraction in order to generate economic growth in the Central and Eastern European countries is not totally justified. There are numerous theoretical fundaments but also the empirical evidences that contradict the catalytic role or condition it of some factors (qualification of labor force for example). Our analysis joins to these studies through the results obtained on a sample of Romanian companies, with or without foreign participation. So we have real doubts in pronouncing in favor of an attractive policy in front of foreign capital.
Keywords: FDI, economic growth, transition economies, panel, microeconomic approach
JEL Classification: F21, F23, F43, O4, P2, C33
Suggested Citation: Suggested Citation
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