Foreign Direct Investment-Led Growth Hypothesis: Evidence from the Greek Economy

Constantinos Alexiou Persefoni V. Tsaliki
Additional contact information
Constantinos Alexiou Persefoni V. Tsaliki: Bussiness Administration and Economics Department, City Liberal Studies, Thessaloniki, Greece Department of Economics, Aristotle University, Thessaloniki, Greece
Authors registered in the RePEc Author Service: Constantinos Alexiou and Persefoni V. Tsaliki

Zagreb International Review of Economics and Business, 2007, vol. 10, issue 1, 85-97

Abstract: In this paper, authors explore the Foreign Direct Investment-Led Growth hypothesis for the Greek economy in the Post-War era. In doing so, they engage in testing the cointegration of the series and explore the causal dimension between Foreign Direct Investment and GDP growth through Granger Causality tests and VAR models. The empirical findings cast serious doubts on the FDI-led growth hypothesis permeating the existing academic literature.

Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.efzg.hr/default.aspx?id=8101 (text/html)
Abstract only available on-line

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zag:zirebs:v:10:y:2007:i:1:p:85-97

Ordering information: This journal article can be ordered from
Zagreb International Review of Economics and Business, Faculty of Economics and Business, Trg J. F. Kennedy 6, 10000 Zagreb, Croatia.
http://www.efzg.hr/default.aspx?id=6045

Access Statistics for this article

Zagreb International Review of Economics and Business is currently edited by Soumitra Sharma

More articles in Zagreb International Review of Economics and Business from Faculty of Economics and Business, University of Zagreb Contact information at EDIRC.
Bibliographic data for series maintained by Jurica Šimurina ( this e-mail address is bad, please contact ).