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Foreign Direct Investment in Central Europe Since 1990: An Econometric Study

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Author Info

  • Melanie Lansbury

    (NIESR)

  • Nigel Pain

    (NIESR)

  • Katerina Smidkova

    (CNB)

Abstract

FDI has become a importance source of external finance for several transitional economies, in particular those in Central Europe.The paper analyses determinants of FDI in Central Europe by providing econometric analysis. We examine the flows of FDI into the Czech and Slovak Federal Republics (CSFR), Hungary and Poland and attempt to explain both the factors that explain why foreign investors have moved into these markets so rapidly and why Hungary and the CSFR have attracted more FDI than Poland.

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File URL: http://128.118.178.162/eps/mac/papers/0404/0404002.pdf
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Bibliographic Info

Paper provided by EconWPA in its series Macroeconomics with number 0404002.

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Length: 11 pages
Date of creation: 02 Apr 2004
Date of revision:
Handle: RePEc:wpa:wuwpma:0404002

Note: Type of Document - pdf; pages: 11. The paper was published in the National Institute Economic Review in May 1996.
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Web page: http://128.118.178.162

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Keywords: Foreign direct investment Central Europe Econometric estimates;

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References

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  1. Drábek, Zdenek & Smith, Alasdair, 1995. "Trade Performance and Trade Policy in Central and Eastern Europe," CEPR Discussion Papers 1182, C.E.P.R. Discussion Papers.
  2. Ann Harrison & Ana Revenga, 1995. "The Effects of Trade Policy Reform: What Do We Really Know?," NBER Working Papers 5225, National Bureau of Economic Research, Inc.
  3. Cantwell, John, 1995. "The Globalisation of Technology: What Remains of the Product Cycle Model?," Cambridge Journal of Economics, Oxford University Press, vol. 19(1), pages 155-74, February.
  4. Edward E. Leamer & James Levinsohn, 1994. "International Trade Theory: The Evidence," NBER Working Papers 4940, National Bureau of Economic Research, Inc.
  5. Gual, Jordi & Martín, Carmela, 1994. "Trade and Foreign Direct Investment with Central and Eastern Europe: Its Impact on Spain," CEPR Discussion Papers 1006, C.E.P.R. Discussion Papers.
  6. James R. Markusen, 1995. "The Boundaries of Multinational Enterprises and the Theory of International Trade," Journal of Economic Perspectives, American Economic Association, vol. 9(2), pages 169-189, Spring.
  7. Wheeler, David & Mody, Ashoka, 1992. "International investment location decisions : The case of U.S. firms," Journal of International Economics, Elsevier, vol. 33(1-2), pages 57-76, August.
  8. Ray Barrell & Nigel Pain, . "Trade restraints and Japanese direct investment flows," NIESR Discussion Papers 43, National Institute of Economic and Social Research.
  9. Baldwin, Richard & Forslid, Rikard & Haaland, Jan I., 1995. "Investment Creation and Investment Diversion: Simulation Analysis of the Single Market Programme," CEPR Discussion Papers 1308, C.E.P.R. Discussion Papers.
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