| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 981592 | Procedia Economics and Finance | 2014 | 10 Pages |
Abstract
This paper studies the relationship between foreign direct investments, exports, and economic growth in Croatia using annual time series data for the period 1994-2012. Several econometric models are applied including the bounds testing (ARDL) approach and the ECM-ARDL model. The results confirm a bidirectional long run and short run causal relationship between exports and growth. These results offer new perspectives and insight for a new policy in Croatia for a sustainable economic growth.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Chaido Dritsaki, Emmanouil Stiakakis,