|Carstensen, Kai; Toubal, Farid (2004): Foreign direct investment in Central and Eastern European countries: A dynamic panel analysis. In: Journal of Comparative Economics, Vol. 32, No. 1: pp. 3-22|
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This paper uses dynamic panel data methods to examine the determinants of foreign direct investment (FDI) into Central and Eastern European countries (CEECs). Our empirical model shows that the traditional determinants, such as market potential, low relative unit labor costs, a skilled workforce and relative endowments, have significant and plausible effects. In addition, transition-specific factors, such as the level and method of privatization and the country risk, play important roles in determining the flows of FDI into the CEECs and help to explain the differing attractiveness of the individual countries to foreign investors.
Economics > Chairs > CESifo-Professorship for Business Cycle Analysis and Surveys (closed)
|Subjects:||300 Social sciences > 330 Economics|
|Deposited On:||15. Apr 2014 08:55|
|Last Modified:||29. Apr 2016 09:17|
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Foreign Direct Investment in Central and Eastern European Countries: A Dynamic Panel Analysis. (deposited 15. Apr 2014 08:55)
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