Foreign Direct Investment and Growth Relationship in Georgia

Foreign Direct Investment and Growth Relationship in Georgia

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This paper aims to investigate the empirically the impact of FDI on economic growth of Georgia over the period of 1997-2010. The Engle-Granger cointegration and Granger causality tests are used in order to analyse the causal relationship between FDI and economic growth. It is crucial to see the dire...

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Bibliographic Details
Main Authors: Faruk Gürsoy, Huseyin KALYONCU
Format: Article
Language:English
Published: EconJournals 2012-01-01
Series:International Journal of Economics and Financial Issues
Subjects:
Economic growth
Foreign direct investment
Granger causality
Online Access:http://www.econjournals.com/index.php/ijefi/article/view/238/pdf

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