An empirical investigation of the FDI & Export Led Growth Hypothesis (ELGH): evidence from the Greek Economy

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Title

An empirical investigation of the FDI & Export Led Growth Hypothesis (ELGH): evidence from the Greek Economy (EN)

Creator

Athanasenas, Athanasios L.

Katrakilidis, Constantinos

Type

Άρθρο σε επιστημονικό περιοδικό (EL)

Partial document
Publication in journal (EN)

Article
Scientific article (EN)

Issued

2009-01

2015-06-24T10:50:31Z

2024-09-27T18:13:09Z

Year

2009 (EN)

Description

We present time series evidence theoretically consistent with the Export-Led Growth Hypothesis (ELGH), and the FDI-Led-Growth Hypothesis (FLGH), applying annual data over the period 1976-2004 of the Greek Economy. The empirical analysis employs an eclectic causality model for income growth, using the ARDL approach to cointegration. Evidently, FDI financing, under changing fiscal and monetary regimes, and Exports advancement, along with the Debt management are inextricably linked, within the long run growth process. These intimate still remain challenging and demanding research needs. (EN)

Subject

Export-Led Growth Hypothesis (ELGH) (EL)

Income growth (EL)

Cointegration (EL)

ARDL (EL)

FDI-Led-Growth Hypothesis (FLGH) (EL)

School / Department / Institute

International Hellenic University