%0 Journal Article
%T AN ORIGINAL ECONOMETRIC MODEL OF FDI IN ROMANIA
%A Gheorghe S£¿VOIU
%A Suzana POPA
%J Revista Roman£¿ de Statistic£¿
%D 2012
%I Romanian National Institute of Statistics
%X The central theme of this paper is, as the title itself shows, the econometric modelling of Foreign Direct Investments (FDI), based on the concept Euromoney¡¯ s country risk rating. This article contains three sections, the first part or the introduction is an approach of investment risk and, in particular, introduces a new element in modelling investment, namely country risk rating. Thus, a bridge is created towards the second section, which essentially deals with the econometric modelling of foreign direct investment (FDI) in Romania, after 1996, based on Euromoney¡¯s data (ECR). The originality of this paper is underlined by the presence of a final model which includes, as an exogenous variable, country risk rating in assessing the FDI share of GDP as an endogenous variable. A final remark comments, from an economic perspective, the results of the econometric modelling.
%K foreign direct investment (FDI)
%K economic growth
%K investment risk
%K country risk rating
%K econometric modelling (ECR)
%U http://www.revistadestatistica.ro/Articole/2012/art_4en_rrs3_2012.pdf