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Outward foreign direct investment in Hungary - motivations and effects

Author

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  • Andrea Elteto

    (Institute of World Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences)

  • Katalin Antaloczy

Abstract

Outward foreign direct investment (OFDI) from Hungary has been increasing since 1997. Until that year, the value of Hungarian investment abroad had been insignificant. Since then, Hungary has become one of the main investors in the CEE region. The quantity and geographical and sectoral distribution of outward investment are heavily influenced by large single projects, which can dominate the annual figures. Apart from the official data, the analysis in this paper was based on a questionnaire survey. The 22 companies that responded represented hardly 2 per cent of the Hungarian companies that have invested abroad, but their investments there amounted to 52 per cent of the total capital placement from Hungary. Thus it covered the large, important investors, who were mainly ‘old’, traditional, domestically controlled companies that were relatively well capitalized.

Suggested Citation

  • Andrea Elteto & Katalin Antaloczy, 2002. "Outward foreign direct investment in Hungary - motivations and effects," IWE Working Papers 125, Institute for World Economics - Centre for Economic and Regional Studies.
    • Handle: RePEc:iwe:workpr:125
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    File URL: https://vgi.krtk.hu/publikacio/no-125-2002-04/
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    References listed on IDEAS

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    Cited by:

    1. Lect. Simona Gabriela Maşca Ph.D & Assist. Viorela Ligia Văidean Ph.D Student, 2010. "Outward Fdi And The Investment Development Path In Romania," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(15S), pages 27-38, November.

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