Determinants of Foreign Direct Ivestment inflow in South East European Countries - Panel Estimation
AbstractAbstract The first part of the paper examines the objective of the study. Following, in the second part we continuo with analyses of the importance of FDI to transition economies of (SEEC) South East European Countries. The study examines the trend and characteristics of FDI based on geographical distribution of FDI in the SEECs and compare its amount with Central East European Countries (CEECs). In the third part, following the theoretical approach of FDI and empirical evidence identified by literature review of FDI determinants, we tried to identify some of the main host country determinants of FDI inflow in SEECs. For this reason, we employed panel data estimation. Using a sample of SEECs and panel data technique under random effect specification the paper research the relationship between FDI, GDP growth, GDP per capita, number of inhabitants, trade openness, inflation, exchange rate, external debt and some technology development proxies.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 18273.
Date of creation: 13 Dec 2008
Date of revision:
Foreign Direct Investment; SEECs; Panel Econometrics;
Find related papers by JEL classification:
- F35 - International Economics - - International Finance - - - Foreign Aid
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