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  • 标题:An Empirical Investigation on Determinants of Sustainable Economic Growth. Lessons from Central and Eastern European Countries
  • 本地全文:下载
  • 作者:Ioan, Batrancea ; Mozi, Rathnaswamy Malar ; Lucian, Gaban
  • 期刊名称:Journal of Risk and Financial Management
  • 印刷版ISSN:1911-8074
  • 出版年度:2020
  • 卷号:13
  • 期号:7
  • 页码:1-25
  • DOI:10.3390/jrfm13070146
  • 语种:English
  • 出版社:MDPI, Open Access Journal
  • 摘要:The study focuses on the effects of imports, exports, financial direct investment inflowand financial direct investment outflow on sustainable economic growth expressed by variousmacroeconomic indicators (gross domestic product, gross domestic savings, gross domestic capital)using the least squares panel method. Sample data were selected for ten Central and Eastern European(CEE) countries and the time frame considered was 2005–2016. Generally, transitional economieshave to incorporate strong savings and a steady capital formation in order to achieve higher economicgrowth via foreign direct investment. Results showed that the analyzed factors played a major role inthe sustainable economic growth of CEE countries. Another important and valuable insight of thisstudy is that the financial sector steers the process of achieving sustainable economic growth acrossCEE countries.
  • 关键词:emerging markets; gross domestic product; gross domestic savings; gross domestic capital; imports; exports; financial direct investment inflow; financial direct investment outflow
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