Naslov
FDI, trade and integration in the Western Balkan Countries: Is there any causality?

Autori
Kersan-Škabić, Ines

Izvornik
International Journal of Trade and Global Markets (1742-7541) 4 (2011), 2; 420-436

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
FDI; foreign direct investment; trade integration; Western Balkan

Sažetak
The aim is to determine whether there is a correlation between trade and investment flows and their inter-causality on a group of Western Balkan countries (Croatia, Bosnia and Herzegovina, FYRoM and Serbia). The analysis in static model resulted in establishing complementarities between FDI inflows and exports and FDI inflows and imports into the countries of the region, which indicates that FDI inflows in this region are efficiency- seeking. Dynamic models have confirmed the traditional variables important for exports and imports (GDP host and home countries, distance, and lagged variables), but there were no links between trade and FDI. The relationship and intensity between trade and FDI is very weak which indicates that the current structure of FDI has not given the desired results in these countries.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA