IDEAS home Printed from https://ideas.repec.org/a/prg/jnlpol/v2004y2004i1id448p35-47.html
   My bibliography  Save this article

Investice českých firem v zahraničí
[Outward direct investment by czech companies]

Author

Listed:
  • Marie Bohatá
  • Alena Zemplinerová

Abstract

This study provides information on trends and role of the Czech outward foreign direct investment (OFDI) and evaluates the effects of the OFDI on parent companies. The analysis of trends is based on Czech National Bank data; the effects are evaluated through a unique set of data gathered through a sample survey. The stock of OFDI has grown slowly but steadily between 1993 and 2002. To date, about 80 per cent of OFDI is located in services and about 40 per cent in Central and East European countries (CEECs). The nature of OFDI in the EU is trade facilitating while the nature of OFDI in CEECs is tilted toward manufacturing. Much OFDI aims at avoiding a specific regulation in the home country or takes advantage of financial incentives in host countries. Our results indicate that OFDI is often related to parent company restructuring and is a precondition for maintenance and improvement of competitiveness.

Suggested Citation

  • Marie Bohatá & Alena Zemplinerová, 2004. "Investice českých firem v zahraničí
    [Outward direct investment by czech companies]
    ," Politická ekonomie, University of Economics, Prague, vol. 2004(1), pages 35-47.
  • Handle: RePEc:prg:jnlpol:v:2004:y:2004:i:1:id:448:p:35-47
    as

    Download full text from publisher

    File URL: http://www.vse.cz/polek/download.php?jnl=polek&pdf=448.pdf
    Download Restriction: free of charge

    File URL: http://www.vse.cz/polek/448
    Download Restriction: free of charge

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    competitiveness; direct foreign investment; growth;

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlpol:v:2004:y:2004:i:1:id:448:p:35-47. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Frantisek Sokolovsky). General contact details of provider: http://edirc.repec.org/data/uevsecz.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.