UNDERSTANDING FOREIGN DIRECT INVESTMENTS SPILLOVER MECHANISMS IN THE ROMANIAN ECONOMY
Corresponding author:
[email protected]
Accepted
29 March 2026
Available Online
15 March 2019
Abstract
THIS PAPER INVESTIGATES THE SPILLOVER EFFECTS OF FOREIGN DIRECT INVESTMENTS IN THE ROMANIAN ECONOMY ANALYZING THE REVENUE MADE FROM FOREIGN DIRECT INVESTMENTS IN THE PERIOD 2003-2017. IN CONTRAST TO EARLIER LITERATURE THAT EMPHASIZES THE EFFICIENCY OF FOREIGN DIRECT INVESTMENTS IN PRODUCING POSITIVE SPILLOVERS, THIS STUDY IS ANALYZING ALSO THE CAPACITY OF LOCAL CLIMATE TO DEAL WITH THESE LINKAGES BETWEEN FOREIGN AFFILIATES AND THEM. HOWEVER, POSITIVE SPILLOVERS ARE THOSE ABOUT EVERYONE ARE LOOKING FOR. LOCAL ECONOMIC ENVIRONMENT TENDS TO ATTRACT PRODUCTIVITY SPILLOVERS FROM FOREIGN INVESTMENTS, BUT THEIR IMPACT AND DIVERSITY MAY VARY DUE TO THE CAPABILITY OF THE RECEIVER TO ASSIMILATE THE CHANGES.
Keywords
FOREIGN DIRECT INVESTMENTS
ECONOMIC ENVIRONMENT
SPILLOVER
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