Athenaeum University


Double Blind Review Evaluation

~~~~~~~~~~~~~~~~~

Address

Giuseppe Garibaldi No. 2A
Bucharest, Romania

Phones

Tel: +4 021.230.57.38
Fax: +4 021.231.74.18

Email

secretariat@univath.ro

~~~~~~~~~~~~~~~~~

FOREIGN DIRECT INVESTMENT (FDI) IN ROMANIA. EMPIRICAL EVIDENCE USING RESTRICTED AND UNRESTRICTED ECM MODELS

 

download file

Creative Commons License

  1. Authors:
      • Dalina Maria ANDREI, email: dalinaandrei@yahoo.com, Afiliation: Institute for Economic Forecasting, Romanian Academy

    Pages:
      • 1|12

  2. Keywords: FDI, ECM model, ARDL model

  3. Abstract:
    This article examines the FDI in Romania using the autoregressive distributed lag model (ARDL) compared with conventional (error correction model) ECM. The results based on the bounds testing procedure implemented by Pesaran in 2001, confirm that a stable, long-run relationship exists between FDI and GDP, trade and labour in Romania. Our results also reveal that after applying the ARDL model we obtain the same results of long run association as in applying the conventional ECM models.

download file

Creative Commons License

NEWS

  1. First News

    First News