FDI in Romania between EU and the Global Economic Crisis

Iloiu, Mirela; Csiminga, Diana; Mangu, Sorin Iuliu

doi:10.1016/s2212-5671(15)00571-7

Cited by 8 publications

(5 citation statements)

References 1 publication

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Please also note, that the absorption ratio was 100% almost in every other Central Eastern European country. It also strengthens our main statement, that Romania and Bulgaria have joined the integration earlier than they supposed to (Mirela et al 2015).…”

Section: Financing Abilitysupporting

confidence: 85%

The Economic Integration Maturity of Romania and Bulgaria

Tankovsky

Endrődi-Kovács

2020

Global, Regional and Local Perspectives on the Economies of Southeastern Europe

View full text Add to dashboard Cite

The paper discusses the issue of integration maturity in the case of Romania and Bulgaria. These countries joined the European Union in 2007 and since then several economic issues and problems were revealed related to their accession. The aim of this paper is to analyze the economic integration maturity of Romania and Bulgaria at the time of their accession and since then. The paper suggests that although these countries fulfilled the Copenhagen criteria were not fully prepared to join the EU markets. The paper forms the hypothesis that Romania and Bulgaria did not fulfill all the criteria of economic integration maturity and were not fully ready to join the EU in 2007. However, by the time of their accession, their readiness was appropriate to join. To prove this, the paper uses the methodology of economic integration maturity. The concept of integration maturity is more complex than the economic accession criteria since it shows how a candidate country is able to exploit the benefits of membership and minimize its drawbacks before and after the accession. Based on data analysis and document analysis it can be examined how successfully these countries could exploit the economic stimulating effects of joining the economic integration, how effectively took advantage in cohesion and convergence to the other member states during their membership. In sum, it can be stated whether Romania and Bulgaria were able to exploit the benefits of their membership and minimize the drawbacks.

show abstract

Section: Financing Abilitysupporting

confidence: 85%

The Economic Integration Maturity of Romania and Bulgaria

Tankovsky

Endrődi-Kovács

2020

Global, Regional and Local Perspectives on the Economies of Southeastern Europe

View full text Add to dashboard Cite

show abstract

“…Empirically, an extensive body of existing studies have investigated the relationship between inward FDI and economic growth in the host countries (see, Akinlo, 2004;Borensztein, Geogorie, & Lee, 1998;Carbonell & Werner, 2018;Choong, Yusop, & Soo, 2005;Fu, 2008;Kotrajaras, 2010;Li & Liu, 2005;Mirela et al, 2015;Rehman, 2016;Sahoo & Mathiyazhagan, 2003;Sultanuzzaman, Fan, Akash, Wang, & Shakij, 2018;Tang & Tan, 2015). For instance, Gherghina, Simionescu, & Hudea, 2019 investigated the impact of inward FDI, economic growth and institutional quality during 2003-2016 for 11 Central and Eastern European countries.…”

Section: Theoretical and Empirical Backgroundmentioning

confidence: 99%

“…For Romania, several empirical studies have attempted to analyse how inward foreign direct investment (IFDI) contributes to economic growth and development for the country (Haar & Marinescu, 2014;Hudea & Stancu, 2012;Kalotay, 2008;Mirela, Diana, & Sorin, 2015;Moraru, 2013;Nistor, 2014;Pelinescu & Radulescu, 2009;Ruxanda & Muraru, 2010;Sârbu & Carp, 2015). Although these studies used different methods (like ordinary least square and Johansen cointegration) and data sets, the results of these studies depict a positive relationship between FDI inflows and economic growth in Romania.…”

Section: Introductionmentioning

confidence: 99%

Outward foreign direct investment and economic growth in Romania: Evidence from non‐linear ARDL approach

2020

View full text Add to dashboard Cite

Globally, the outward foreign direct investment (OFDI) has significantly increased during recent years. In the light of OFDI's role in determining the GDP growth rate, it is necessary to assess how economic growth rate responds to such outflows. Based on the non-linear autoregressive distributive lag (NARDL) model, the present study investigates the long-run and short-run asymmetric impacts of OFDI on the economic growth in Romania covering the period 1990-2019. The results indicate that both an increase and a decrease in OFDI have a positive and significant impact on Romania's economic growth, with a greater effect arising from the increase in OFDI. Our research adds to the preceding literature by providing new insights into the OFDI-led growth hypothesis. The results of the present study portray the growthenhancing effects of OFDI, which are consistent with the notion that firms conduct OFDI in order to combine domestic output with overseas output to decrease expenditures and to enhance their competitiveness both at global and domestic levels. Thus, an increase in OFDI is both a cause and a consequence of the home country's economic growth.

show abstract

“…Secara teori FDI memang memberikan dampak positif namun faktanya masih ada beberapa negara yang menemui hal sebaliknya. FDI dipercaya memberikan kontribusi positif terhadap pertumbuhan ekonomi negara tujuan (Mirela et al, 2015). Dampak positif ini dapat terlihat pada transfer teknologi dan keahlian manajerial, pengenalan teknologi produksi yang baru serta akses ke jaringan internasional.…”

Section: Tabel 11 10 Investor Teratas DI Indonesia Tahun 2022 (Us$)unclassified

Kontribusi Investasi Asing Terhadap Penyerapan Tenaga Kerja Di Indonesia

Oktarina,

Pawirosumarto,

Lusiana

et al. 2024

View full text Add to dashboard Cite

Investasi Langsung Asing (Foreign Direct Investment atau FDI) telah dianggap sebagai salah satu strategi penting dalam pembangunan. FDI tidak hanya memberikan efek sebagai transfer modal tetapi juga memiliki dampak penting dalam meningkatkan perekonomian tuan rumah. FDI diharapkan mampu memberikan tranfer teknologi berupa transfer keahlian bagi tenaga kerja. Tentu saja hal ini akan memberikan imbas yang baik pada kualitas dan penyerapan tenaga kerja. Penelitian ini bertujuan untuk menguji pengaruh antara Foreign Direct Investment dan unemployment rate di Indonesia dalam jangka pendek maupun jangka panjang. Jenis data yang digunakan dalam penelitian ini adalah data tahunan yang mencakup periode 1990-2020. Dengan menggunakan Model Vector Error Correction (VECM), penelitian ini memungkinkan untuk melihat dampak jangka pendek dan jangka panjang. Hasil pengujian membuktikan bahwa pengaruh antara variabel-variabel tersebut hanya terlihat dalam jangka panjang. Kata Kunci: Foreign Direct Investment, Tingkat Pengangguran, Inflasi dan Metode VECM

show abstract

FDI in Romania between EU and the Global Economic Crisis

Cited by 8 publications

References 1 publication

The Economic Integration Maturity of Romania and Bulgaria

The Economic Integration Maturity of Romania and Bulgaria

Outward foreign direct investment and economic growth in Romania: Evidence from non‐linear ARDL approach

Kontribusi Investasi Asing Terhadap Penyerapan Tenaga Kerja Di Indonesia

Contact Info

Product

Resources

About