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FDI, trade and growth in the “late reformers’” post transition

Author

Listed:
  • Valerija BOTRIĆ

    (The Institute of Economics, Zagreb, Croatia)

  • Katarina BAČIĆ

    (The Institute of Economics, Zagreb, Croatia)

  • Sunčana SLIJEPČEVIĆ

    (The Institute of Economics, Zagreb, Croatia)

Abstract

We analyse the relationship between FDI, trade and growth during the 2001-2013 period in Albania, Bosnia and Herzegovina, Belarus, Bulgaria, Croatia, the Former Yugoslav Republic of Macedonia, Montenegro, Republic of Moldova, Romania and Serbia. The empirical estimates find positive long-run relationship between growth and all other indicators – FDI, export and import. Thus, we have identified that FDI-led growth and export-led growth hypotheses are valid for these countries. Positive association between imports and growth is probably connected with the structure of FDI in the analysed countries.

Suggested Citation

  • Valerija BOTRIĆ & Katarina BAČIĆ & Sunčana SLIJEPČEVIĆ, 2015. "FDI, trade and growth in the “late reformers’” post transition," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(Special(I), pages 269-280.
    • Handle: RePEc:agr:journl:v:xxii:y:2015:i:special(ii):p:269-280
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    Cited by:

    1. Katarina Bacic & Ivana Rasic Bakaric & Suncana Slijepcevic, 2017. "Sources of productivity differentials in manufacturing in post-transition urban South-East Europe," Working Papers 1706, The Institute of Economics, Zagreb.

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