FOREIGN DIRECT INVESTMENT (FDI) IN ROMANIA

• Main Authors: Gheorghe SĂVOIU, Suzana POPA
• Format: Article
• Language: English
• Published: Romanian National Institute of Statistics 2012-02-01
• Series: Revista Română de Statistică
• Subjects: foreign direct investments (FDI); econometric model; foreign portfolio investments (FPI); matrix of correlations
• Online Access: http://www.revistadestatistica.ro/Articole/2012/art3en_rrs_%201_2012.pdf

This paper analyzes some characteristics of economic and econometricliterature in the field of FDI after 1990, in Romania, as well as some specific issues in the process of practical modelling. A more detailed presentation of John Harry Dunning’s eclectic theory and a simple presentation of the theory of de-investment complete the general theoretical presentation of FDI. A first problem after the definition, life cycle, similarities and differences betweenportfolio and direct foreign investment, after the benefits of FDI, is given by the outstanding dynamics and structure of FDI. Some characteristic features of the value oscillation and structural dynamics of gross capital formation (GCF), gross capital fixed capital formation (GFCF) and gross domestic savings (GDS) in GDP are relevant for the specificity of the phenomenon of FDI in Romania after 1990.