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Investment Incentives Efficiency in the Middle Europe

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  • Petr Makovský

Abstract

The Middle European Economics have been being very successful for long time. It is time to "ex post" evaluation of the Investment Incentives policy that has been broadly used. Linear Mathematical Programming is able to distinguish which of examined units are efficient and which are not. In this analysis I have used only two inputs, in order to gain simple interpretation. First input describes the amount of government expenditures used and the second input describes the state of Capital Endowment of Labor in each year. The output is FDI intensity index which describes not only FDI inflowing but even FDI out flown. These all statistics are calculated with the EUROSTAT for each year for each country. In conclusion it is needed to say that the analysis has shown some interesting facts and additional GDP time series analysis make these ideas more understandable.

Suggested Citation

  • Petr Makovský, 2011. "Investment Incentives Efficiency in the Middle Europe," Ekonomika a Management, Prague University of Economics and Business, vol. 2011(1).
    • Handle: RePEc:prg:jnleam:v:2011:y:2011:i:1:id:125
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    References listed on IDEAS

    as
    1. Colander,David (ed.), 2006. "Post Walrasian Macroeconomics," Cambridge Books, Cambridge University Press, number 9780521865487.
    2. Colander,David (ed.), 2006. "Post Walrasian Macroeconomics," Cambridge Books, Cambridge University Press, number 9780521684200.
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    More about this item

    Keywords

    Economic growth; Hospodářský růst; Kapitálová vybavenost obyvatel; Modely DEA; DEA models; Capital Endowment of Labor;
    All these keywords.

    JEL classification:

    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General

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