The impact of the Ease Doing Business Indicators on Foreign Direct Investment in the European transition economies
Autor: | Alban Hetemi, Sanjib Sherpa, Bersan Haliti, Safet Merovci |
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Rok vydání: | 2020 |
Předmět: |
lcsh:Commerce
Insolvency lcsh:HB71-74 business.industry Transition (fiction) FDI 05 social sciences 0211 other engineering and technologies lcsh:Economics as a science 021107 urban & regional planning 02 engineering and technology Fixed effects model Foreign direct investment Ease of Doing Business Indicators lcsh:HF1-6182 Economy 0502 economics and business Ordinary least squares Transition economies Transition countries Business Electricity Business management General Economics Econometrics and Finance 050203 business & management |
Zdroj: | Ekonomika, Vol 98, Iss 2 (2020) |
ISSN: | 2424-6166 1392-1258 |
DOI: | 10.15388/ekon.2019.2.2 |
Popis: | The objective (aim) of this paper is to explore the impact of the Ease of Doing Business Indicators on FDI on transition economies in Europe. Authors have used the dynamic panel methodology, by using three methods: Pooled Ordinary Least Square (POLS), Fixed Effect (FE), and Two Step-System Generalised Method of Moments (GMM) estimation techniques. By referring to the GMM technique, it can be seen that variables such as: Starting a Business, Registering property, Getting electricity and Resolving insolvency have a positive and significant impact in attracting FDI in 16 European transition countries, while variables as: Dealing with construction permits, Getting credit, Paying taxes, Protecting minority investors, have shown negative impact, whereas Trading Across Border and Enforcing contracts have not shown any impact on attracting FDIs in European transition countries. This paper contributes to the enrichment of existing literature in this field by using these three methods. |
Databáze: | OpenAIRE |
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