FDI Revisited: Empirical Evidence from Transition Economies - Case of Albania

Constantinos Alexiou and Doriana Toro
Additional contact information
Doriana Toro: Department of Economics, City Liberal Studies (an affiliated institution of the University of Sheffield, Thessaloniki, Greece

Zagreb International Review of Economics and Business, 2006, vol. 9, issue 2, 59-94

Abstract: Transition economies in the Central East European (CEE) and South East European (SEE) region have embraced the notion that FDI can act as a catalyst in their effort to reform their economies and as a result policies and measures have been put in place to attract FDI inflows. Indeed, foreign investors started moving capital into the region which caused FDI to increase markedly. The undertaken study draws on the idiosyncratic economic environment of Albania and attempts for the first time to provide empirical evidence on the short as well as the long-run relationship between FDI and a number of factors thought to play an instrumental role in attracting foreign capital.

Keywords: Foreign Direct Investment; Albania; ARDL model; Cointegration (search for similar items in EconPapers)
JEL-codes: B22 E12 (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.efzg.hr/default.aspx?id=6178 (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:9:y:2006:i:2:p:59-94

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 ).