A Causal Relationship between Trade, Foreign Direct Investment and Economic Growth for Greece

By M. Dritsaki, Chaido Dritsaki, Antonios Adamopoulos. 2004

229 citations recorded by the source corpus.

This study investigates the relationship between Trade, Foreign Direct Investment (FDI) and economic growth in Greece over the period 1960-2002. The cointegration analysis suggested that there is a long-run equilibrium relationship. The results of the Granger causality test showed that there is a causal relationship between the examined variables. Economic growth, trade and FDI appear to be mutually reinforcing under the open-door policy.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/90a06b7e6f9f0a413348c7688fda30dbfd6b2b50

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. M. Haque
2. M. Hussain

In Strategy and Management

1. M. Haque
2. M. Hussain

Citations in the corpus

• Foreign Direct Investment, Trade, and Economic Growth: An Empirical Analysis of Bangladesh (2016, background): “(2004) [23] investigated the relationship between trade, FDI, and economic growth for Greece over the period 1960–2002.”