A VECM approach to detangling growth, exports, imports and FDI knot in selected CEE countries

The authors analyze the relationship between GDP, imports-coverage ratio (NEX), FDI and gross fixed capital formation (GFC) in selected CEE countries by using an error correction model. The empirical results confirm a positive long-run influence of the imports coverage ratio, FDI and GFC on GDP grow...

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Bibliographic Details
Main Authors: Saša Žiković, Ivana Tomas Žiković, Maja Grdinić
Format: Article
Language:English
Published: Croatian Operational Research Society 2014-12-01
Series:Croatian Operational Research Review
Subjects:
Online Access:http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=197355