Preliminary communication
https://doi.org/10.17559/TV-20150920174332
The correlation between the FDI and the GDP in the EU15 member states in the period 1980-2014
Petar Kurečić
orcid.org/0000-0002-7763-6651
; University North, Trg Žarka Dolinara 1, 48000 Koprivnica, Croatia
Goran Kozina
; University North, Ulica 104. brigade 3, 42000 Varaždin, Croatia
Abstract
The paper studies the correlation between the FDI and the GDP in the EU15 member states, between 1980 and 2014. The FDI was set as an independent variable, and the GDP as a dependent variable. The aim of the paper is to study the correlation between the FDI and the GDP in the states that founded the EU (then the EEC) or joined the EEC/EU up to 1996. The following research hypotheses were set: no. 1, stating that the FDI and the GDP in the EU15 member states show a significant correlation, and research hypothesis no. 2, claiming that EU15 member states of "the EU15 economic periphery" show a higher correlation than the EU15 member states of "the EU15 economic core". The NULL hypothesis, which claims that the FDI and the GDP in EU15 member states do not show a significant correlation, was also set. The Pearson correlation coefficient values verified the research hypotheses for most of the studied states.
Keywords
EFTA; FDI; GDP; Pearson correlation coefficient; the EU15 member states
Hrčak ID:
186096
URI
Publication date:
2.9.2017.
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