期刊名称:Annals of Spiru Haret University Economic Series
电子版ISSN:2393-1795
出版年度:2022
卷号:13
期号:1
页码:515-528
语种:English
出版社:Editura Fundatiei Romania de Maine
摘要:Foreign direct investment generates a number of benefits, especially for developing and transition countries, and, therefore, it is a major factor in economic development. Some of the advantages of foreign direct investments are technology and knowledge spillover, increased employment and competition and improved balance of payments. The aim of this research is examining the effect of foreign direct investment on income convergence of Central European transition countries. Regression analysis is used to test this effect. The results indicate that Central European transition countries with a higher inflow of foreign capital achieve more propulsive convergence towards the average income of developed countries of the European Union. The results of the research can be useful for the economic policy makers of transition countries.
关键词:foreign direct investment;economic growth;income convergence;Central European transition countries