Determinants of foreign direct investment: empirical evidence from EU accession candidates

Autor:	Phanindra V. Wunnava, Hubert P. Janicki
Rok vydání:	2004
Předmět:	Czech Economics and Econometrics business.industry Foreign direct investment International trade Accession language.human_language Host country Openness to experience language Economics media_common.cataloged_instance Slovak European union Empirical evidence business media_common
Zdroj:	Applied Economics. 36:505-509
ISSN:	1466-4283 0003-6846
DOI:	10.1080/00036840410001682214
Popis:	This study examines bilateral foreign direct investments (FDI) between the members of the European Union and eight central and east European candidate (CEEC) economies in transition, awaiting accession into the European Union (EU). Cross-section data were obtained for Bulgaria, Czech Republic, Estonia, Hungary, Poland, Romania, Slovak Republic, and Slovenia for 1997. Once the main characteristics of FDI recipient and donor nations are identified in a bilateral framework, it will be feasible to predict future FDI inflows. This study reveals that the key determinants of FDI inflows in CEECs are size of the host economy, host country risk, labour costs in host country, and openness to trade. Countries that are receiving fewer foreign investments could make themselves more attractive to potential donor nations by focusing on some of the key determinants identified by this study.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::dd5dd21a63ed2b402dc3fe72912aabe3 https://doi.org/10.1080/00036840410001682214 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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