TY  - JOUR
AU  - Dritsaki, Melina 
AU  - Dritsaki, Chaido 
AU  - Adamopoulos, Antonios 
PY  - 2004
TI  - A Causal Relationship between Trade, Foreign Direct Investment and Economic Growth in Greece
JF  - American Journal of Applied Sciences
VL  - 1
IS  - 3
DO  - 10.3844/ajassp.2004.230.235
UR  - https://thescipub.com/abstract/ajassp.2004.230.235
AB  - This study investigates the relationship between Trade, Foreign Direct Investment (FDI) and economic growth in Greece over the period 1960-2002. The cointegration analysis suggested that there is a long-run equilibrium relationship. The results of the Granger causality test showed that there is a causal relationship between the examined variables. Economic growth, trade and FDI appear to be mutually reinforcing under the open-door policy.