IDEAS home Printed from https://ideas.repec.org/a/dah/aeqaeq/v60_y2014_i4_q4_p253-272.html
   My bibliography  Save this article

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

Author

Listed:
  • Nikolaos Dritsakis
  • Pavlos Stamatiou

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.

Suggested Citation

  • Nikolaos Dritsakis & Pavlos Stamatiou, 2014. "Exports, Foreign Direct Investment, and Economic Growth for Five European Countries: Granger Causality Tests in Panel Data," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot GmbH, Berlin, vol. 60(4), pages 253-272.
    • Handle: RePEc:dah:aeqaeq:v60_y2014_i4_q4_p253-272
    DOI: 10.3790/aeq.60.4.253
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.3790/aeq.60.4.253
    Download Restriction: Access to full text is restricted to subscribers (2008 onwards); Pay-per-view access from https://elibrary.duncker-humblot.com/journals/aeq (2008 onwards) and http://www.genios.de (2008 onwards)
    File URL: https://libkey.io/10.3790/aeq.60.4.253?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Verónica Cañal-Fernández & Julio Tascón Fernández, 2018. "The long run impact of foreign direct investment, exports, imports and GDP: evidence for Spain from an ARDL approach," Working Papers 0128, European Historical Economics Society (EHES).
    2. Ayamba Emmanuel Caesar & Chen HaiBo & Thomas Bilaliib Udimal & Andrew Osei-Agyemang, 2018. "Foreign Direct Investment, Growth of Output Indicators and Economic Growth in China: Empirical Evidence on Causal Links," International Journal of Economics and Financial Issues, Econjournals, vol. 8(3), pages 315-322.
    3. Akram Masoud Haddad, 2018. "The Impacts of the Inwards and Outwards FDI on the Development Measured By HDI: the Case of United Arab Emirate," International Journal of Economics and Financial Issues, Econjournals, vol. 8(4), pages 301-312.
    4. Nikolaos Dritsakis & Pavlos Stamatiou, 2016. "Trade Openness and Economic Growth: A Panel Cointegration and Causality Analysis for the Newest EU Countries," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 18(59), pages 45-60, March.
    5. Bouchoucha, Najeh & Ali, Walid, 2019. "The impact of FDI on economic growth in Tunisia: An estimate by the ARDL approach," MPRA Paper 91465, University Library of Munich, Germany.

    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:dah:aeqaeq:v60_y2014_i4_q4_p253-272. 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: E-Publishing-Team (email available below). General contact details of provider: https://www.duncker-humblot.de .

    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.