| Title | Nexus between Technological Innovation, FDI and Economic Growth |
| Publication Type | Book Chapter |
| Year of Publication | 2024 |
| Date Published | forthcoming |
| Book Title | Encyclopedia of Monetary Policy, Financial Markets and Banking (Elsevier Reference Collection in Social Sciences). |
| Volume | 1 |
| Publication Language | English |
| Authors | Ganić, M |
| Publisher | Elsevier |
| Place Published | New York |
| Other Numbers | forthcoming |
| Keywords | Economic growth, EU countries, FDI, Granger causality, Technological Innovation, VECM model |
| Abstract | This chapter examines the nexus between growth, FDI, and technological innovation in the EU-12 countries. Both short- and long-term analyses of causality in the study included Granger causality tests based on the VECM model. The findings reveal that the FBH hypothesis is confirmed in Italy, Spain, and Denmark (short run) and in Spain in the long run. The DFH hypothesis is confirmed in Germany, France, and Greece (short run), and in Italy, France, and Spain (long run), whereas the SLH hypothesis is confirmed in Italy (short run). Finally, the NLH hypothesis is confirmed in Austria, Belgium, Denmark, the Netherlands, Luxembourg, Ireland, and Portugal. |
| DOI | 10.1016/B978-0-44-313776-1.00276-2 |
| Refereed Designation | Refereed |
Nexus between Technological Innovation, FDI and Economic Growth
