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accounting for technology intensity, we show that FDI has significantly contributed to export restructuring in the CEECs. The … effects of FDI are, however, heterogenous across countries. While more advanced core CEECs succeeded in boosting exports in … suggests that where FDI flows have been directed is of key importance. Our results show that export restructuring and economic …
Persistent link: https://www.econbiz.de/10011272509
Many firms cite financial constraints as some of the most important impediments to their investment and growth. Using a unique data set from the Czech Republic this paper investigates the importance of financing constraints in the context of exporters. It finds that exporters are less...
Persistent link: https://www.econbiz.de/10008478242
Many countries strive to attract foreign direct investment (FDI) hoping that knowledge brought by multinationals will … existence of horizontal spillovers from FDI in developing countries, several recent papers have confirmed the presence of …
Persistent link: https://www.econbiz.de/10008479123
investment (FDI) are most likely to take place through contacts between MNCs and their local suppliers, our finding suggests that … well-developed financial markets may be needed in order to take full advantage of the benefits associated with FDI inflows. …
Persistent link: https://www.econbiz.de/10005138504
determinants of Foreign Direct Investment (FDI) in Central- and Eastern European Countries (CEECs). We operationalize taxes using … infrastructure as determinants of FDI ?an issue usually neglected in the literature. Thus, we posit that there are likely to be … interaction effects between taxes and infrastructure as determinants of FDI. Specifically, a favorable infrastructure endowment …
Persistent link: https://www.econbiz.de/10005163373
such integration being trade and FDI. Some authors believe that the `commercial transition?is now complete and that a new …, deeper phase of integration has started, with growing flows of FDI in the region. Following a gravitytype approach, in this … paper I tackle two difficult issues surrounding the EU-CEECs integration: has FDI in the CEECs region substituted EU exports …
Persistent link: https://www.econbiz.de/10005163411
Building on the empirical evidence resulting from a newly developed database of foreign direct investment (FDI … level, a consistent modelling of FDI flows needs to take into account not only the determinants traditionally considered by … environment in which the FDI is undertaken. The inclusion of these variables, affecting the risk and the uncertainty of the FDI …
Persistent link: https://www.econbiz.de/10005088357
understood given the complex issues behind the determinants of FDI location. At this purpose, we will exploit two unique … databases, constructing a panel probit model of FDI determinants of more than 3,500 European multinationals having invested in … discuss the policy implications for the European Union and for its neighbouring countries of those FDI determinants. …
Persistent link: https://www.econbiz.de/10005163387
, structural reforms, and targeted FDI are in the forefront. …
Persistent link: https://www.econbiz.de/10005163396
In a recent model Markusen and Venables (1999) describe the conditions under which foreign direct investments (FDI) can …
Persistent link: https://www.econbiz.de/10005449574