Abstract
Given that foreign direct investment and exports are one of the primary drivers of global economic integration, numerous authors have studied them. According to the findings of numerous empirical research, foreign direct investment and exports have a positive impact on economic growth. However, little research sheds light on this relationship in the Republic of Serbia. Therefore, the objective of this paper is precisely to analyze the relationship between foreign direct investments and exports on the economic growth in Serbia. We use multiple linear regression to examine the relationship between economic growth, foreign direct investment, and exports from 2001 to 2020. According to the results, both foreign direct investments and exports positively impact economic growth in Serbia. The study's findings can be used to design and improve numerous strategies and policies for Serbia's future economic growth and development.
Publisher
Centre for Evaluation in Education and Science (CEON/CEES)
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