• Login
    View Item 
    •   Home
    • Finance
    • Faculty Research and Publications
    • Articles
    • View Item
    •   Home
    • Finance
    • Faculty Research and Publications
    • Articles
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Browse

    All of Effat University RepositoryCommunitiesPublication DateAuthorsTitlesSubjectsPublisherJournalTypeDepartmentThis CollectionPublication DateAuthorsTitlesSubjectsPublisherJournalTypeDepartmentProfilesView

    My Account

    Login

    Statistics

    Display statistics

    The FDI and Economic Growth in the Western Balkans: The Role of Institutions

    • CSV
    • RefMan
    • EndNote
    • BibTex
    • RefWorks
    Thumbnail
    Name:
    The FDI and Economic Growth in ...
    Size:
    750.7Kb
    Format:
    PDF
    Download
    Author
    Smolo, Edib cc
    Subject
    institutional development
    foreign direct investment
    FDI
    economic growth
    transition economies
    Western Balkan
    Date
    2021
    
    Metadata
    Show full item record
    Abstract
    This study explores the impact of foreign direct investment (FDI) and institutional quality on the economic growth of the Western Balkan economies – Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia. The conventional wisdom says that FDI plays a significant role in economic development and that institutional development may also affect this relationship. Using a panel data analysis for 20 years (2000-2019) and in contrast to this conventional wisdom, the study shows that FDI significantly negatively impacts growth within the sample countries. At the same time, the results indicate that institutional development has a significantly negative or no role on growth directly. The results depend on the proxy used for institutional development. Furthermore, when FDI and institutional development measures interact, both indicators become insignificant, including their interaction terms. This may be because the institutions within the sample countries are at low levels of development to make any significant impact on either growth or FDI-growth relationship.
    Department
    Finance
    Publisher
    SESRIC
    Journal title
    Journal of Economic Cooperation and Development (JECD)
    Collections
    Articles

    entitlement

     
    DSpace software (copyright © 2002 - 2023)  DuraSpace
    Quick Guide | Contact Us
    Open Repository is a service operated by 
    Atmire NV
     

    Export search results

    The export option will allow you to export the current search results of the entered query to a file. Different formats are available for download. To export the items, click on the button corresponding with the preferred download format.

    By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.

    To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export. The amount of items that can be exported at once is similarly restricted as the full export.

    After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.