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Foreign Direct Investments in Romania. A Structural and Dynamic View

Author

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  • Andrei, Dalina Maria

    (Institute for Economic Forecasting, Romanian Academy)

Abstract

This paper focuses on the Romania’s case in the (former) Central and Eastern European (CEE) region3, as for foreign direct investments (FDI). The flows, stocks (the longer the analyzed period, the less significant the current FDI inflows, unlike the cumulated stocks that become a significant economic exogenous factor) and sectional FDI composition are discussed in the context of current financial and economic crisis. The results of the FDIs’ economic impact in Romania refer to growth, balance of payments, internal regional disparities, labor productivity, capital formation, consumption and – more important in the current difficult times – the country’s (and the whole CEE region’s) dependence on the western, more developed part of the EU (larger) region.

Suggested Citation

  • Andrei, Dalina Maria, 2012. "Foreign Direct Investments in Romania. A Structural and Dynamic View," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 129-146, December.
    • Handle: RePEc:rjr:romjef:v::y:2012:i:4:p:129-146
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    References listed on IDEAS

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    Cited by:

    1. Azka Amin & Sofia Anwar & Xi‐Hua Liu, 2022. "Outward foreign direct investment and economic growth in Romania: Evidence from non‐linear ARDL approach," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(1), pages 665-677, January.

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    More about this item

    Keywords

    foreign direct investments (FDI); economic growth; regional disparities; multinational companies (MNCs);
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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