Theoretical and Applied Economics
No. 1 / 2013 (578)
The impact of foreign direct investment on economic growth: the Portuguese experience
Polytechnic Institute of Santarém, and CEFAGE- Évora University, Portugal
Saeed RASEKHI
University of Mazandaran, Iran
Abstract. This study examines the link between economic growth and foreign direct investment for Portugal. Using a panel data approach, the results show that there is convergence among Portugal and her trading partners. Our results also demonstrate that foreign direct investment and bilateral trade promote economic growth. The growth is negatively correlated with inflation and the initial level of GDP per capita. As in previous studies taxes plays a minor role on determining the growth.
Contents
Corruption, public integrity, and globalization in South-Eastern European states. A comparative analysis
The risks of Euro adoption in Romania – an analysis based on ten criteria
The impact of foreign direct investment on economic growth: the Portuguese experience
The lack of consistency in budget deficit criteria in the Stability and Growth Pact
Local reforms by political conditionality: trials and erros in Central and Eastern Europe
Employment in the EU countries: a panel data analysis
Territorial efficiency of the cohesion policy in Romania
Corporate social responsibility and organizational identity in post-crisis economy
Urban and rural educational system disparities in Romania
Adaptation of the tourism in Romania to the new economic context imposed by the global economic crisis (in 2010)