What causes economic growth in Portugal: exports or inward FDI?

Andraz, Jorge Miguel; Rodrigues, Paulo M. M.

http://hdl.handle.net/10400.1/4311

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Authors

Andraz, Jorge Miguel

Rodrigues, Paulo M. M.

Abstract(s)

The purpose of this paper is to analyse possible casual relationships between exports, inward foreign investment and economic growth in Portugal and identify their direction. The paper uses the three stage procedure based on unit root, cointegration and causalty tests applied to annual data from 1977 to 2004.

URI

http://hdl.handle.net/10400.1/4311

Citation

Andraz, Jorge M.; Rodrigues, Paulo M.M. What causes economic growth in Portugal: exports or inward FDI?, Journal of Economic Studies, 37, 3, 267-287, 2010