FDI’s Impact on Economic Growth: Czech Republic and Lithuania
(2010) EKHR23 20101Department of Economic History
- Abstract (Swedish)
- This paper examines the dynamics between foreign direct investment and economic growth. As scientific literature fails to provide common conclusion about FDI’s effect on host economy, investigation of single country can reveal the new aspects. Moreover, the contribution to literature of transition economies is made by choosing Czech Republic and Lithuania. Econometric analysis is employed in order to test the hypotheses of interaction between total output, foreign direct investment and several other factors. The conclusions drawn from this study are manifold. Lithuanian case supports the widespread belief in positive contribution of foreign direct investment to economic growth. Czech Republic, on the other hand, provides opposite evidence,... (More)
- This paper examines the dynamics between foreign direct investment and economic growth. As scientific literature fails to provide common conclusion about FDI’s effect on host economy, investigation of single country can reveal the new aspects. Moreover, the contribution to literature of transition economies is made by choosing Czech Republic and Lithuania. Econometric analysis is employed in order to test the hypotheses of interaction between total output, foreign direct investment and several other factors. The conclusions drawn from this study are manifold. Lithuanian case supports the widespread belief in positive contribution of foreign direct investment to economic growth. Czech Republic, on the other hand, provides opposite evidence, which is more common among transition economies. In general, country’s particular characteristics are found to be crucial in reaping the benefits of foreign direct investment. Finally, individual country approach suggests a wide scope for further investigation, as common cross-country panel studies tends to miss the specific effects on certain economies. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1666450
- author
- Stasiute, Vilma LU
- supervisor
- organization
- course
- EKHR23 20101
- year
- 2010
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- FDI, investment, Czech Republic, economic growth, Lithuania
- language
- English
- id
- 1666450
- date added to LUP
- 2010-09-09 11:21:32
- date last changed
- 2010-09-09 11:21:32
@misc{1666450, abstract = {{This paper examines the dynamics between foreign direct investment and economic growth. As scientific literature fails to provide common conclusion about FDI’s effect on host economy, investigation of single country can reveal the new aspects. Moreover, the contribution to literature of transition economies is made by choosing Czech Republic and Lithuania. Econometric analysis is employed in order to test the hypotheses of interaction between total output, foreign direct investment and several other factors. The conclusions drawn from this study are manifold. Lithuanian case supports the widespread belief in positive contribution of foreign direct investment to economic growth. Czech Republic, on the other hand, provides opposite evidence, which is more common among transition economies. In general, country’s particular characteristics are found to be crucial in reaping the benefits of foreign direct investment. Finally, individual country approach suggests a wide scope for further investigation, as common cross-country panel studies tends to miss the specific effects on certain economies.}}, author = {{Stasiute, Vilma}}, language = {{eng}}, note = {{Student Paper}}, title = {{FDI’s Impact on Economic Growth: Czech Republic and Lithuania}}, year = {{2010}}, }