Acceso al sitio web del Consejo de Políticas de Infraestructura

   
Redirigiendo al acceso original de articulo en 24 segundos...
ARTÍCULO
TITULO

Foreign Direct Investment and Growth Relationship in Georgia

Faruk Gürsoy    
Huseyin KALYONCU    

Resumen

This paper aims to investigate the empirically the impact of FDI on economic growth of Georgia over the period of 1997-2010. The Engle-Granger cointegration and Granger causality tests are used in order to analyse the causal relationship between FDI and economic growth. It is crucial to see the directions of causality between two variables for the policy makers to encourage private sectors. It is found that these two variables are cointegrated.  Our empirical findings suggest that it is FDI that causes GDP in the case of Georgia.Keywords: Economic growth; Foreign direct investment; Granger causalityJEL Classifications:  C32; F21; O4

PÁGINAS
pp. 267 - 271
MATERIAS
ECONOMÍA

 Artículos similares

       
 
Dyah Maya Nihayah, Rini Diastuti     Pág. 217 - 230
Law Number 32 of 2009 requires Regional Governments to allocate an adequate environmental protection and management budget. However, the allocation of green budgeting is less than 1% of the Regional Revenue and Expenditure Budget. This study aims to dete... ver más

 
Andini Kurniasari, Shanty Oktavilia     Pág. 84 - 99
The diversion of regional characteristics in Indonesia costs the country countless economic issues, primarily poverty. This study aims to analyze the influence of gross regional domestic product, life expectancy, the average length of schooling, domestic... ver más

 
Umar Farooq, Mosab I. Tabash, Basem Hamouri, Linda Nalini Daniel and Samir K. Safi    
The current study aims to explore the role of various macroeconomic factors in determining corporate investment. Using firm-level data of six Gulf Cooperation Council (GCC) region countries for a 14 year period (2007?2020), the current study establishes ... ver más

 
Suyanto Suyanto     Pág. 59 - 70
Economic growth is one indicator of development. Factors that are thought to be capable of influencing economic growth include the human development index, income, poverty, investment, and unemployment. So it needs to be analyzed to achieve sustainable d... ver más

 
Marina Beljic,Olgica Glava?ki,Jovica Pejcic     Pág. 039 - 052
After global financial crisis, intensive tax policies adjustments were applied in emerging European Union (EU) economies, for the sake of tax competitiveness. In order to ensure that aim, emerging EU economies most often choose the policy of tax reductio... ver más