The Potential Magnitude and Impact of FDI flows to CEECs
This paper uses a simple gravity model of bilateral FDI flows to assess the commonly heard assertion that FDI inflows into transition economics in Central ad Eastern Europe have been disppointingly low. The results show that the amounts of overseas investment bY EU countries in the more advanced transition economies are already greater than one would expect given their current level of income, market size and relative proximity. A flood of FDI into these countries is therefore unlikely. For the less advanced countries in the region current FDI flows are considerably below their potential level. We proceed to try and indentify some implications of overseas investment for the home country. We find that FDI and exports appear to be complementary activites. However, we also find a positive relationship between FDI and imports suggesting that relationship between trade and FDI is more complex than standard theories and aggregate data analysis can provide for.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 14 (1999)
Issue (Month): ()
|Contact details of provider:|| Web page: http://econo.sejong.ac.kr/|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ris:integr:0097. 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: (Jong-Eun Lee)
If references are entirely missing, you can add them using this form.