Kersan-Škabić, Ines and Orlić, Edvard (2009) Does trade liberalization cause FDI inflow or vice versa? The case of Croatia. Ekonomska istraživanja, 22 (2). pp. 1-24. ISSN 1331-677X
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In the last ten years Croatia has achieved significant breakthroughs in global and regional trade liberalization. Simultaneously, it has built a stimulating investment framework and attracted big amounts of FDI per capita. The aim of the study is to determine whether there is a relationship between trade and FDI inflow in Croatian economy and in what directions. Using the cointegrating vector approach and the VECM model, it has been established that there is no direct connection between FDI and trade flows. The results imply unidirectional causal relationship that runs from import to FDI and the one that runs from export to import. This could be explained by the unfavourable structure of Croatian export as well as the brownfield investment domination in Croatian economy.
| Tip objekta: | Članak |
|---|---|
| Mentor: | NIJE ODREĐENO |
| Dodatne informacije: | 2009/22 |
| Ključni pojmovi: | export, import, FDI |
| Teme: | 3 Društvene znanosti > 33 Ekonomija. Ekonomska znanost > 339 Trgovina. Međunarodni gospodarski odnosi. Svjetsko gospodarstvo > 339.7 Međunarodne financije > 339.727.22 Uvoz kapitala. Priljev kapitala. Strana ulaganja |
| Odjeli: | Fakultet ekonomije i turizma "Dr. Mijo Mirković" |
| Datum pohrane: | 07 Jan 2014 08:43 |
| Zadnja promjena: | 07 Jan 2014 08:43 |
| URI: | http://eknjiznica.unipu.hr/id/eprint/2918 |
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