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- W2263606266 abstract "This article examines the FDI in Romania using the autoregressive distributed lag model (ARDL) compared with conventional (error correction model) ECM. The results based on the bounds testing procedure implemented by Pesaran in 2001, confirm that a stable, long-run relationship exists between FDI and GDP, trade and labour in Romania. Our results also reveal that after applying the ARDL model we obtain the same results of long run association as in applying the conventional ECM models." @default.
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- W2263606266 date "2014-01-01" @default.
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- W2263606266 title "FOREIGN DIRECT INVESTMENT (FDI) IN ROMANIA. EMPIRICAL EVIDENCE USING RESTRICTED AND UNRESTRICTED ECM MODELS" @default.
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