Contributions to Economics

The Impact of FDI on Economic Growth

An Analysis for the Transition Countries of Central and Eastern Europe

Authors: Neuhaus, Marco

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About this book

This book provides a comprehensive understanding of the relationship between FDI and economic growth with special attention to the countries of Central and Eastern Europe. Within a new semi-endogenous growth model, the book illustrates the impact of FDI on economic growth for every stage of development of a country. Developing countries experience both strong capital accumulation and technology transfer through FDI, whereas highly developed countries mainly benefit from FDI as a vehicle of global technology diffusion. Departing from this universal model, the book then investigates the impact of FDI on economic growth for the transition countries of Central and Eastern Europe. With the help of modern panel data econometrics it carries out the strongly awaited empirical evidence of a growth enhancing effect of FDI in the transition countries, and it explains for each country the actual growth contributions induced by FDI.

Table of contents (5 chapters)

  • Introduction

    Pages 1-5

  • Solow Growth Accounting and Stylised Facts

    Pages 7-38

  • Capital Deepening through FDI in an Economic Growth Model

    Pages 39-79

  • Estimating the Effect of FDI on Economic Growth for 13 Countries of Central and Eastern Europe

    Pages 81-140

  • The Determinants of FDI - What Can the Transition Countries Do to Attract FDI?

    Pages 141-151

Buy this book

eBook $139.00
price for USA (gross)
  • ISBN 978-3-7908-1735-5
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $179.00
price for USA
  • ISBN 978-3-7908-1734-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
The Impact of FDI on Economic Growth
Book Subtitle
An Analysis for the Transition Countries of Central and Eastern Europe
Authors
Series Title
Contributions to Economics
Copyright
2006
Publisher
Physica-Verlag Heidelberg
Copyright Holder
Physica-Verlag Heidelberg
eBook ISBN
978-3-7908-1735-5
DOI
10.1007/3-7908-1735-X
Softcover ISBN
978-3-7908-1734-8
Series ISSN
1431-1933
Edition Number
1
Number of Pages
XII, 185
Number of Illustrations and Tables
42 b/w illustrations
Topics