Please use this identifier to cite or link to this item: http://hdl.handle.net/20.500.12188/17263
Title: The impact of foreign direct investments od economic growth and trade: A panel approach of selected Western Balkan countries.
Authors: Trpeski, Predrag 
Cvetanoska, Marijana 
Kozeski, Kristijan
Keywords: Export;Foreign Direct Investment;GDP; Import; Western Balkans
Issue Date: Sep-2021
Publisher: Research Center in Public Administration and Public Services. Bucharest University of Economic Studies
Source: Trpeski, P., Cvetanoska, M. & Kozheski, K. (2021). The impact of foreign direct investments od economic growth and trade: A panel approach of selected Western Balkan countries. Management research and practice 13(3), pp. 23-31
Journal: Management research and practice
Series/Report no.: 13;3
Abstract: According to recent trends, there is a focus on the interest in the Western Balkan economies to attract foreign capital in the form of foreign direct investment (FDI) as a source of external financing and economic recovery factor. In this paper, an attempt is made to analyze the movement and impact of FDI on economic growth and foreign trade on the example of the Western Balkans (North Macedonia, Albania, Serbia, Bosnia and Herzegovina, and Montenegro). This analysis aims to examine the correlation and causal relationship between FDI, economic growth and the foreign trade caseof each individual Western Balkan country. The inflow of foreign capital in the form of FDI in the Western Balkan countries has a positive impact on GDP growth, exports and imports. From the results, it can be concluded that the inflow of FDI into the Western Balkan countries has a positive effect on the economic growth and the increase of foreign trade. The analysis showed that FDI has a statistically significant and positive impact on GDP in the Western Balkan countries, and is a key precondition for intensifying foreign trade. This study provides a promising step towards developing a more comprehensive empirical research by a dynamic estimation procedure.
URI: http://hdl.handle.net/20.500.12188/17263
Appears in Collections:Faculty of Economics 03: Journal Articles / Статии во научни списанија

Files in This Item:
File Description SizeFormat 
Management research and Practice, Romania.pdf413.01 kBAdobe PDFView/Open
Show full item record

Page view(s)

73
checked on Jun 18, 2024

Download(s)

54
checked on Jun 18, 2024

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.