IDEAS home Printed from https://ideas.repec.org/a/agr/journl/v5(558)(supplement)y2011i5(558)(supplement)p624-634.html
   My bibliography  Save this article

Dynamic Perspective On The Triangle Foreign Direct Investments – Exchange Rate – Capital Market

Author

Listed:
  • Adrian Morar Triandafil

    (Romanian Banking Institute)

  • Cristina Morar Triandafil

    (Bucharest Academy of Economic Studies)

  • Aniela Danciu

    (Bucharest Academy of Economic Studies)

Abstract

This paper focuses on the triangular causal relationship between foreign direct investments, exchange rate and capital market at the level of the CEE countries. For this purpose, we use the weight of market capitalization of listed companies into GDP as proxy for the degree corresponding to the stock market development, the variability of the exchange rate as proxy for the macroeconomic environment and weight of foreign direct investments into GDP as a proxy for the country’s capacity to attract foreign investors and to recover some macroeconomic deficiencies. The perspective is a dynamic one, conceiving each variable as a cause and effect in the system of relashionships.

Suggested Citation

  • Adrian Morar Triandafil & Cristina Morar Triandafil & Aniela Danciu, 2011. "Dynamic Perspective On The Triangle Foreign Direct Investments – Exchange Rate – Capital Market," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 5(5(558)(su), pages 624-634, July.
    • Handle: RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:624-634
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/suplimente/Conferinta%20FABBV%202010_engleza.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:624-634. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mircea Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.