This study runs a cointegration analysis on annual data from 1980 to 2007 to investigate the relationship between primary energy consumption, economic growth and net inflows of foreign direct investment with the Engle and Granger method, Stock-Watson dynamic ordinary least squares (DOLS), the bounds testing approach to cointegration and error correction modelling. The empirical results suggest that there is a s...
Our main objective is to analyze how a great, diverse tourism offer in a quite limited geographic area, corresponding to the Baixo Mondego and Baixo Vouga, can make it more competitive. We propose to identify the territorial factors that can increase competitiveness of the tourism sector, both regionally and nationally. We intend to identify the region‟s most valued aspects by visitors, as well as its least pra...
This volume provides a significant contribution to the understanding of the effects of foreign direct investment on trade. Through an investigation of the pattern and determinants of trade in Portuguese manufacturing, it demonstrates FDI's long term transforming effect and how it has the potential to transfer and embed knowledge within the EU through upgrading host economies. The volume will be of interest to a...
Problems of integration and globalisation and the implications of such processes on individual countries have been on the spotlight of the economic debate among economists and politicians over the last decade. Both developed and developing countries are involved in the processes of trade and capital liberalisation, with the extent of gain or loss depending on their ability to explore the newly arising opportuni...
During the past decades, the world economy has witnessed a dramatic surge in foreign direct investment. There is increasing competition among economies in attracting inflows of FDI. There has been renewed research interest in trying to detect what are the economic and political conditions that make a local economy an attractive destination for FDI inflows. Hence, in this paper we investigate macroeconomic and l...
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