Have a personal or library account? Click to login
Open Access
|Dec 2021

References

  1. Ahmad, E., Ullah, M. A. and Arfeen, M. I. 2012. Does corruption affect economic growth?. Latin American Journal of Economics 49(2): 277-305.10.7764/LAJE.49.2.277
  2. Amoh, J. K., Awuah-Werekoh, K. and Ofori-Boateng, K. 2020. Do corrupting activities hamper economic growth?. Journal of Financial Crime. https://doi.org/10.1108/JFC-11-2019-0150.10.1108/JFC-11-2019-0150
  3. Arellano, M. and Bond, S. 1991. Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. Review of Economic Studies 58: 277–297.10.2307/2297968
  4. Arellano, M. and Bover, O. 1995. Another look at the instrumental variable estimation of error-components models. Journal of Econometrics 68: 29–51.10.1016/0304-4076(94)01642-D
  5. Astrov, V., Leitner S., Mara, I., Podkaminer, L., and Weinberger, V. H. 2020. Wage developments in the Western Balkans, Moldova and Ukraine, Vienna: The Vienna Institute for International Economic Studies (wiiw) 444.
  6. Baltagi, B. 2005. Econometric analysis of panel data. Chichester: John Wiley and Sons.
  7. Bartlett, W. 2008. Europe’s troubled region: economic development, institutional reform and social welfare in the Western Balkans. London: Routledge.10.4324/9780203644898
  8. Biørn, E. and Han, X. 2017. Revisiting the FDI impact on GDP growth in errors-in-variables models: a panel data GMM analysis allowing for error memory. Empirical Economics: A Journal of the Institute for Advanced Studies.10.1007/s00181-016-1203-4
  9. Blundell, R. and Bond, S. 1998. Initial conditions and moment restrictions in dynamic panel data models. Journal of Econometrics 87:115–143.10.1016/S0304-4076(98)00009-8
  10. Brenner, T. 2014. The impact of foreign direct investment on economic growth: an empirical analysis of different effects in less and more developed countries. Marburg: Philipps University Marburg, Department of Geography.
  11. Buffie, E. F., Luis-Felipe, Z., Christopher, A., Lacina, B., Dawit, T., and Kangni, K. 2020. Debt, investment, and growth in developing countries with segmented labor markets. Washington, DC: International Monetary Fund / IMF Working Paper.10.5089/9781513545639.001
  12. Chêne, M. 2014. The Impact of corruption on growth and inequality. Transparency International.
  13. Dabrowski, M. and Myachenkova, Y. 2018. The Western Balkans on the road to the European Union. Bruegel Policy Contribution 4.
  14. Djankov, S. and Hoekman, B. 2000. Foreign investment and productivity growth in Czech enterprises. Economic Survey of Europe 14(1): 49-64.10.1093/wber/14.1.49
  15. Dritsakis, N. and Stamatiou, P. 2018. Causal nexus between FDI, exports, unemployment and economic growth for the old European Union members: evidence from panel data. International Journal of Economic Sciences: IJoES.10.20472/ES.2018.7.2.002
  16. Durguti, E. A., Gashi, E., Kunoviku, F. D. and Mehmeti, M. 2020. DAF determinants affecting economic growth – evidence for Western Balkans countries. International Journal of Finance and Banking Studies: JJFBS, 9(1).10.20525/ijfbs.v9i1.652
  17. Efendic, A. and Pugh, G. 2015. Institutional effects on economic performance in post-socialist transition: a dynamic panel analysis. Acta Oeconomica 65(4): 503-523.10.1556/032.65.2015.4.1
  18. Efendic, A. 2016. Emigration intentions in a post-conflict environment: evidence from Bosnia and Herzegovina. Post-Communist Economies 28(3): 335-352.10.1080/14631377.2016.1166800
  19. Efendic, A. and Pugh, G. 2007. Institutions and economic performance: an overview of empirical research with the main focus on transition economies. SEE Journal of Economics and Business 2(1):. 25-30.10.2478/v10033-007-0012-2
  20. Fetai, B. T., Mustafi, B. F. and Fetai, A. B. 2017. An empirical analysis of the determinants of economic growth in the Western Balkans. Scientific Annals of Economics and Business 245-254.10.1515/saeb-2017-0016
  21. Figini, P. and Görg, H. 2011. Does foreign direct investment affect wage inequality? An empirical investigation. The World Economy 34(9): 1455-1475.10.1111/j.1467-9701.2011.01397.x
  22. Grieveson, R., Grübler, J., G. and Holzner, M. 2018. Western Balkans EU accession: is the 2025 target date realistic?, Vienna: The Vienna Institute for International Economic Studies (wiiw).
  23. Hoechle, D. 2007. Robust standard errors for panel regressions with cross-sectional dependence. The Stata Journal 7(3): 281–312.10.1177/1536867X0700700301
  24. Isaac, E. and Pei, Y. 2020. Human capital as engine of growth: the role of knowledge transfers in promoting balanced growth within and across countries, Germany: Discussion paper series/IZA.
  25. Jashari, B. 2020. Digital agenda absorvatory. Regional Baseline Research.
  26. Jushi, E., Hysa, E., Panait, M. and Voica, M. C. 2021. Financing growth through remittances and foreign direct investment: evidences from Balkan countries. Journal of Risk anf Financial Management 14(3).10.3390/jrfm14030117
  27. Keisuke, O. and Sovannroeun, S. 2010. How Does corruption influence the effect of foreign direct investment on economic growth?. s.l.:Munich Personal RePEc Archive.
  28. Loxha, A. 2019. Do remittances reduce poverty in Kosovo?A counterfactual analysis. The South East European Journal of Economics and Business 14(2): 117-132.10.2478/jeb-2019-0018
  29. Malthus, T. 1993. An essay on the principle of population. New York: Oxford Press.
  30. Mehic, E., Silajdzic, S. and Babic-Hodovic, V. 2014. The impact of FDI on economic growth: some evidence from Southeast Europe. Emerging Markets Finance and Trade 49(1): 5-20.10.2753/REE1540-496X4901S101
  31. Melnyk, L., Kubatko, O. and Pysarenko, S. 2014. The impact of foreign direct investment on economic growth: case of post communism transition economies. Problems and Perspectives in Management 12(1).
  32. Meyer, D. and Shera, A. 2017. The impact of remittances on economic growth: an econometric model. Economia. Revista da ANPEC 18(2): 147-155.10.1016/j.econ.2016.06.001
  33. Michael, L. and Isilda, M. 2020. Massive migration and its effect on human capital and growth: the case of Western Balkan and Central and Eastern European countries. Vienna: The Vienna Institute for International Economic Studies (wiiw).
  34. Miteski, M. and Stefanova, D. J. 2017. The impact of sectorial FDI on economic growth in Central, Eastern and Southeastern Europe. Skopje: National Bank of the Republic of Macedonia.
  35. Moral-Benito, E. 2009. Determinants of economic growth. A Bayesian Panel data approach. Policy Research Working Paper 4830: The World Bank.10.1596/1813-9450-4830
  36. Pesaran, M. H. 2004. General diagnostic tests for cross section dependence in panels. Faculty of Economics, University of Cambridge, Cambridge Working Papers in Economics 0435.10.2139/ssrn.572504
  37. Pesaran, M. H., Shin, Y. and Smith, R. J. 1996. Testing for the ‘existence of a long-run relationship’: University of Cambridge.
  38. Rehman, N. U., Çela, A., Morina, F. and Gura, K. S. 2019. Barriers to growth of SMEs in Western Balkan countries. Journal of Management Development 38(1).10.1108/JMD-09-2018-0273
  39. Roodman, D. 2009. How to do xtabond2: An introduction to difference and system GMM in Stata. The Stata Journal 9(1): 86-136.10.1177/1536867X0900900106
  40. Sabharwal, K. 2019. Causal link between FDI and economic growth? Panel data analysis of MINT economies. International Journal of Business Analytics and Intelligence 7(2): 35-41.
  41. Sabir, S., Rafique, A. and Abbas, K. 2019. Institutions and FDI: evidence from developed and developing countries. Financial Innovation: FIN, 5(8): 1-20.10.1186/s40854-019-0123-7
  42. Sbaouelgi, J. 2019. The impact of corruption on economic growth in MENA region. Romanian Economic and Business Review 40-54.
  43. Shimbov, B., Alguacil, M. and Suárez, C. 2019. Export structure upgrading and economic growth in the Western Balkan countries. Emerging Markets Finance and Trade 55(10): 2185-2210.10.1080/1540496X.2018.1563538
  44. Szymańska, A. 2021. Economic performance in post-soviet and post-communist countries–evidence from panel data and multivariate statistical analysis. The South East European Journal of Economics and Business 16(2): 1-16.10.2478/jeb-2021-0011
  45. Tamar, B. and Luca, G. 2020. Impact of FDI on economic growth: the role of country income levels and institutional strength. European Investment Bank (EIB).
  46. The World Bank, 2020. World Bank Indicators. Available at: ttps://data.worldbank.org/indicator (accessed January 26, 2021)
  47. The World Bank, 2020. World Bank Open Data: World Bank (accessed January 26, 2021).
  48. Wesley, E. and Peterson, F. 2017. The Role of population in economic growth. SAGE Open 7(4): 1-15.10.1177/2158244017736094
  49. Wooldridge, J. 2002. Econometric analysis of cross section and panel data. Cambridge: The MIT Press.
  50. World Bank Group, 2017. Job creation picks up: World Bank. World Bank Group, 2020. Recovery of Western Balkans firms: crowding in private investment and expanding access to advisory support, s.l.: Western Balkans Regular Economic Report 18.
  51. World Bank Group, 2021. Subdued recovery, s.l.: The World Bank.
  52. Ziberi, B. and Avdiu, M. 2019. Econometric analysis to examine the relationship between unemployment and macroeconomics aggregates: evidence from Kosovo. Academic journal of economic studies 6(2): 33-41.
  53. Zulfiu Alili, M. 2021. The Impact of foreign ownership on wage inequality and skill intensity. Germany: LAP LAMBERT Academic Publishing.
  54. Zulfiu Alili, M. and Adnet, N. 2018. Did FDI increase wage inequality in transition economies?. International Journal of Social Economics 54(9): 1283-1304.10.1108/IJSE-09-2017-0373
Language: English
Page range: 68 - 81
Published on: Dec 30, 2021
Published by: University of Sarajevo
In partnership with: Paradigm Publishing Services
Publication frequency: 2 times per year

© 2021 Besime Ziberi, Merita Zulfiu Alili, published by University of Sarajevo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.