Effects of FDI on Economic Growth in Eastern European Transition Countries

Authors

Nikoloz Tsereteli, The College of WoosterFollow

Abstract

This study examines the relationship between FDI inflows and economic growth in Eastern European countries (EEC) during the transition period from 1992 to 2007. After observing some unique characteristics of post-Soviet transition economies, the theory based on the Solow growth model assumes that FDI inflows should have a positive effect of the economic growth of these countries. The study uses a panel data regression estimation process to determine the effects of FDI inflow and other theoretically relevant variables on the economic growth of (EEC). A fixed effects panel data estimation process revealed that FDI indeed was a source of economic growth in EEC during the transition period.

Advisor

Charalambos, Michael

Department

Business Economics

Recommended Citation

Tsereteli, Nikoloz, "Effects of FDI on Economic Growth in Eastern European Transition Countries" (2016). Senior Independent Study Theses. Paper 6993.
https://openworks.wooster.edu/independentstudy/6993

Publication Date

2016

Degree Granted

Bachelor of Arts

Document Type

Senior Independent Study Thesis