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  • 标题:The Limitation of Investment Development Path Theory.European Union Case
  • 本地全文:下载
  • 作者:Viorela Beatrice Iacovoiu ; Mirela Panait
  • 期刊名称:Petroleum-Gas University of Ploiesti Bulletin : Economic Sciences Series
  • 印刷版ISSN:2284-8576
  • 电子版ISSN:2247-8582
  • 出版年度:2014
  • 期号:4
  • 语种:English
  • 出版社:Petroleum-Gas University of Ploiesti
  • 摘要:The analysis presented in this paper emphasize the applicability and the limitation of Investment Development Path (IDP) theory,taking into account the results of empirical studies that underlined the differences between the “narrow” and the “broad” version of the IDP framework.We analyse both in a static and dynamic manner,the specific indicators,respectively Gross Domestic Product per capita at PPP and Net Outward Investment /capita for the years 2005 and 2011,in the case of EU countries.The results of the analysis carried out for 27 Member States of the European Union demonstrate that the “narrow” version of the IDP is rather indicative,as the net outward investment position is not always accurately related to the level of economic development.Consequently,as some of the IDP theorists revealed,in order to analyse the relationship between foreign direct investment and economic development it is important to measure the quality of FDI received by a country.
  • 关键词:Investment Development Path;Foreign Direct Investment;Net Outward Investment;Gross Domestic Product;European Union
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