The impact of foreign direct investment on economic growth: the Portuguese experience

This study examines the link between economic growth and foreign direct investment for Portugal. Using a panel data approach, the results show that there is convergence among Portugal and her trading partners. Our results also demonstrate that foreign direct investment and bilateral trade promote ec...

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Main Authors: Nuno Carlos LEITÃO, Saeed RASEKHI
Format: Article
Language:English
Published: General Association of Economists from Romania 2013-01-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/815.pdf
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spelling doaj-af16a25c048445eda0be2e35e6a2219d2020-11-25T00:20:57ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292013-01-01XX1516218418678The impact of foreign direct investment on economic growth: the Portuguese experienceNuno Carlos LEITÃO0Saeed RASEKHI1 Polytechnic Institute of Santarém, and CEFAGE- Évora University, Portugal University of Mazandaran, Iran This study examines the link between economic growth and foreign direct investment for Portugal. Using a panel data approach, the results show that there is convergence among Portugal and her trading partners. Our results also demonstrate that foreign direct investment and bilateral trade promote economic growth. The growth is negatively correlated with inflation and the initial level of GDP per capita. As in previous studies taxes plays a minor role on determining the growth. http://store.ectap.ro/articole/815.pdf Portugaleconomic growthforeign direct investmentpanel data
collection DOAJ
language English
format Article
sources DOAJ
author Nuno Carlos LEITÃO
Saeed RASEKHI
spellingShingle Nuno Carlos LEITÃO
Saeed RASEKHI
The impact of foreign direct investment on economic growth: the Portuguese experience
Theoretical and Applied Economics
Portugal
economic growth
foreign direct investment
panel data
author_facet Nuno Carlos LEITÃO
Saeed RASEKHI
author_sort Nuno Carlos LEITÃO
title The impact of foreign direct investment on economic growth: the Portuguese experience
title_short The impact of foreign direct investment on economic growth: the Portuguese experience
title_full The impact of foreign direct investment on economic growth: the Portuguese experience
title_fullStr The impact of foreign direct investment on economic growth: the Portuguese experience
title_full_unstemmed The impact of foreign direct investment on economic growth: the Portuguese experience
title_sort impact of foreign direct investment on economic growth: the portuguese experience
publisher General Association of Economists from Romania
series Theoretical and Applied Economics
issn 1841-8678
1844-0029
publishDate 2013-01-01
description This study examines the link between economic growth and foreign direct investment for Portugal. Using a panel data approach, the results show that there is convergence among Portugal and her trading partners. Our results also demonstrate that foreign direct investment and bilateral trade promote economic growth. The growth is negatively correlated with inflation and the initial level of GDP per capita. As in previous studies taxes plays a minor role on determining the growth.
topic Portugal
economic growth
foreign direct investment
panel data
url http://store.ectap.ro/articole/815.pdf
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AT saeedrasekhi impactofforeigndirectinvestmentoneconomicgrowththeportugueseexperience
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