Exports, Foreign Direct Investment, and Economic Growth for Five European Countries: Granger Causality Tests in Panel Data

Q4 Economics, Econometrics and Finance Applied Economics Quarterly Pub Date : 2014-12-01 DOI:10.3790/AEQ.60.4.253
N. Dritsakis, Pavlos Stamatiou
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引用次数: 19

Abstract

This study investigates the relationship between exports, foreign direct investments (FDI), and economic growth in five Eurozone countries (Greece, Portugal, Ireland, Spain, Italy) using panel data for the period 1970 to 2011. The panel data causality results revealed that there is bidirectional causality between exports and economic development, while there is no causality between economic growth and FDI nor between FDI and exports.
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出口、外国直接投资与五个欧洲国家的经济增长:面板数据的格兰杰因果检验
本研究使用1970年至2011年期间的面板数据,调查了五个欧元区国家(希腊、葡萄牙、爱尔兰、西班牙和意大利)的出口、外国直接投资(FDI)和经济增长之间的关系。面板数据因果关系结果显示,出口与经济发展之间存在双向因果关系,而经济增长与FDI之间、FDI与出口之间不存在因果关系。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Applied Economics Quarterly
Applied Economics Quarterly Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)
CiteScore
0.50
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0.00%
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