2016
DOI: 10.1080/10669868.2016.1180658
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The Dynamic Links Between Exports, Foreign Direct Investment, and Economic Growth: Evidence from European Transition Economies

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Cited by 12 publications
(10 citation statements)
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“…For instance, studies such as , and Das and Paul (2011) stress the role of trade openness as an engine of growth in the case of developing economies. In the set of European transition economies similarly findings were also confirmed by recent studies as in Awokuse ( 2008), , Cetintas and Barisik (2009), and Tsitouras and Nikas (2016).…”
Section: International Trade and Economic Growthsupporting
confidence: 87%
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“…For instance, studies such as , and Das and Paul (2011) stress the role of trade openness as an engine of growth in the case of developing economies. In the set of European transition economies similarly findings were also confirmed by recent studies as in Awokuse ( 2008), , Cetintas and Barisik (2009), and Tsitouras and Nikas (2016).…”
Section: International Trade and Economic Growthsupporting
confidence: 87%
“…Second, the fairly successful performance of these group of economies in attracting foreign direct investments and promoting exports, as it verified by the relative indicators that assesses the inward FDI and exports as a share of GDP (see Tsitouras and Nikas, 2016), have inevitably affected and the quality of their state bureaucracy. According to modern trade and FDI theory (see besides the, internal to the firm increasing returns, FDI and exports can affect total output and subsequently the quality of the organisational structure of a state, by means of social increasing returns owing to: knowledge spillovers via labor flexibility or imitating of the methods of private companies; efficiency gains resulting from the size of the goods market; quality advancement of the local labor; improved delivery of social goods, services and institutions as a result of the increased demand by energetic indigenous and foreign private companies over policy governance.…”
Section: Analysis Of Empirical Resultsmentioning
confidence: 90%
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“…Meanwhile, approximately half the spillover estimates are insignificant; one in six finds a significantly negative effect. It is also worth mentioning that the impact of FDI on the economy of CEE countries was extensively discussed ( Tsitouras & Nikas, 2016). Most of the studies find a large impact of FDI stock on output growth but mainly for the group of economies that entered the European Union.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Oleh itu, kertas kajian ini mengkaji kesan pelaburan langsung asing terhadap pertumbuhan ekonomi berdasarkan model pertumbuhan endogen seperti kajiankajian lepas (Borensztein et al 1998;Le & Suruga 2005;Sakyi 2015;Tsitouras & Nikas 2016). Kajian ini juga melihat kesan FDI terhadap pertumbuhan ekonomi dari perspektif sebelah permintaan berbanding sebelah penawaran kerana mahu melihat bagaimana penggunaan awam menjadi penetu kepada pertumbuhan ekonomi.…”
Section: Data Dan Metodologi Kajianunclassified