IDEAS home Printed from https://ideas.repec.org/a/vrs/bjrecm/v6y2018i1p240-252n18.html

Foreign Direct Investment and Special Economic Zones in Latvia

Author

Listed:
  • Gulbis Ivo

    (Riga Technical University,Riga, Latvia)

Abstract

The paper aims at providing insight into the effectiveness of Latvian special economic zones (SEZ) as a tool to attract foreign direct investment (FDI). The goal is accomplished through the statistical analysis of relevant data and the comparison with international examples to establish a point of reference. Countries of comparison are chosen by merit, in the form of widely acknowledged success stories regarding SEZ policy, and relative statistical similarity. The wider the pool of examples, the more conclusions can be drawn about the effectiveness of SEZ in various metrics. Based on the results, Latvian special economic zones have significantly underperformed when compared to every single example on the list. Research has been approbated in the Riga Technical University 58th International Scientific Conference “Scientific Conference on Economics and Entrepreneurship” (SCEE’2017).

Suggested Citation

  • Gulbis Ivo, 2018. "Foreign Direct Investment and Special Economic Zones in Latvia," Baltic Journal of Real Estate Economics and Construction Management, Paradigm, vol. 6(1), pages 240-252, December.
    • Handle: RePEc:vrs:bjrecm:v:6:y:2018:i:1:p:240-252:n:18
    DOI: 10.2478/bjreecm-2018-0018
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/bjreecm-2018-0018
    Download Restriction: no
    File URL: https://libkey.io/10.2478/bjreecm-2018-0018?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ricardo Hausmann & Juan Obach & Miguel Angel Santos, 2016. "Special Economic Zones in Panama: Technology Spillovers from a Labor Market Perspective," Growth Lab Working Papers 86, Harvard's Growth Lab.
    2. Tomasz Dorożyński & Janusz Świerkocki & Wojciech Urbaniak, 2016. "The FDI Inflow to Special Economic Zones in Poland," Contemporary Studies in Economic and Financial Analysis, in: Contemporary Issues in Finance: Current Challenges from Across Europe, volume 98, pages 135-159, Emerald Group Publishing Limited.
    3. Douglas Zhihua Zeng, 2016. "Global Experiences of Special Economic Zones with Focus on China and Africa: Policy Insights," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 7(03), pages 1-27, October.
    4. Edward M. Graham, 2005. "Do Export Processing Zones Attract FDI and its Benefits? Experience from China and Lessons for Russia," Springer Books, in: Edward Graham & Nina Oding & Paul J.J. Welfens (ed.), Internationalization and Economic Policy Reforms in Transition Countries, chapter 0, pages 251-272, Springer.
    5. Dirk H M Akkermans, 2017. "Net profit flow per country from 1980 to 2009: The long-term effects of foreign direct investment," PLOS ONE, Public Library of Science, vol. 12(6), pages 1-28, June.
    6. repec:wbk:wbpubs:2341 is not listed on IDEAS
    7. Stack, Marie M. & Ravishankar, Geetha & Pentecost, Eric, 2017. "Foreign direct investment in the eastern European countries: Determinants and performance," Structural Change and Economic Dynamics, Elsevier, vol. 41(C), pages 86-97.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Rubini, Lauretta & Pollio, Chiara & Spigarelli, Francesca & Lv, Ping, 2021. "Regional social context and FDI. An empirical investigation on Chinese acquisitions in Europe," Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 402-415.
    2. Andrzej Cieślik, 2020. "What attracts multinational enterprises from the new EU member states to Poland?," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 10(2), pages 253-269, June.
    3. Petr Janský & Miroslav Palanský, 2019. "Estimating the scale of profit shifting and tax revenue losses related to foreign direct investment," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 26(5), pages 1048-1103, October.
    4. Rosa Canelli & Riccardo Realfonzo & Francesco Zezza, 2022. "An empirical Stock‐Flow Consistent regional model of Campania," Papers in Regional Science, Wiley Blackwell, vol. 101(1), pages 209-257, February.
    5. Jacques Eric, Tamno Tekam & Joseph, Keneck-Massil, 2025. "Africa's participation in global value chains: What contribution can Special Economic Zones make?," International Economics, Elsevier, vol. 184(C).
    6. Jarosław M. Nazarczuk & Marlena Cicha-Nazarczuk & Wiesława Lizińska, 2026. "Managing Investors, Overcoming Barriers, and Enhancing Support: Evidence from Polish Investment Zone Managing Entities," Contemporary Economics, Vizja University, vol. 20(2), June.
    7. Saira Naeem & Abdul Waheed & Muhammad Naeem Khan, 2020. "Drivers and Barriers for Successful Special Economic Zones (SEZs): Case of SEZs under China Pakistan Economic Corridor," Sustainability, MDPI, vol. 12(11), pages 1-18, June.
    8. Henglong Zhang & Houlin Song & Conglei Hou, 2023. "How Do Overseas Economic and Trade Cooperation Zones along the Belt and Road Affect the Economic Growth of Host Countries?," Sustainability, MDPI, vol. 15(4), pages 1-18, February.
    9. Galina Besstremyannaya & Sergei Golovan, 2019. "Reconsideration of a simple approach to quantile regression for panel data: a comment on the Canay (2011) fixed effects estimator," Working Papers w0249, Center for Economic and Financial Research (CEFIR).
    10. Karanfil, Fatih & Omgba, Luc Désiré, 2019. "Do the IMF’s structural adjustment programs help reduce energy consumption and carbon intensity? Evidence from developing countries," Structural Change and Economic Dynamics, Elsevier, vol. 49(C), pages 312-323.
    11. Aradhna Aggarwal, . "SEZs and economic transformation:towards a developmental approach," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    12. Gurshev Oleg, 2019. "What determines foreign direct investment in Russia?," Central European Economic Journal, Paradigm, vol. 6(53), pages 311-322, January.
    13. Muge Seda Ates & Gizem Ates & Demet Toktas & Esra Canpolat Gokce, 2023. "The Relationship Imports and Exports in Free Zones Have with Turkiye Foreign Trade and Employment: The Fourier Autoregressive Distributive Lag (ADL) Hidden Cointegration Test," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul University, Faculty of Economics, vol. 73(73-1), pages 385-418, June.
    14. M Belén Salas & David Alaminos & Manuel Angel Fernández & Francisco López-Valverde, 2020. "A global prediction model for sudden stops of capital flows using decision trees," PLOS ONE, Public Library of Science, vol. 15(2), pages 1-22, February.
    15. World Bank, 2022. "Paving the Way for Prosperous Cities and Territories," World Bank Publications - Reports 37710, The World Bank Group.
    16. Ricardo Hausmann & Jose Ramon Morales Arilla & Miguel Angel Santos, 2016. "Panama beyond the Canal: Using Technological Proximities to Identify Opportunities for Productive Diversification," Growth Lab Working Papers 84, Harvard's Growth Lab.
    17. Chakraborty, Suparna & Wang, Miao Grace & Wong, M. C. Sunny, 2024. "Coupling and decoupling of ancestral linkages and current cross-border economic activities: Genetics and policy," Economics & Human Biology, Elsevier, vol. 54(C).
    18. Hausmann, Ricardo & Morales, Jose Ramon & Santos, Miguel Angel, 2016. "Economic Complexity in Panama: Assessing Opportunities for Productive Diversification," Working Paper Series rwp16-046, Harvard University, John F. Kennedy School of Government.
    19. Haoqiang Li & Jihong Chen & Zheng Wan & Huaxin Zhang & Maoxin Wang & Yun Bai, 2020. "Spatial evaluation of knowledge spillover benefits in China’s free trade zone provinces and cities," Growth and Change, Wiley Blackwell, vol. 51(3), pages 1158-1181, September.
    20. Siwen Xia & Jiaying Han & Anglu Li & Penghao Ye & Huarong Zhang, 2024. "Impact of Free Trade (Pilot) Zone Establishment on Urban Land Use Efficiency—Empirical Evidence from Cities in China," Land, MDPI, vol. 13(7), pages 1-25, July.

    More about this item

    Keywords

    ;
    ;

    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:vrs:bjrecm:v:6:y:2018:i:1:p:240-252:n:18. See general information about how to correct material in RePEc.

    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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://reference-global.com .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.