The Influence of Foreign Direct Investment on Domestic Investment Processes in Latvia
The primary aim of the paper is to estimate the extent of FDI influence on domestic investment processes in Latvia. Author analyses the theoretical issues of FDI effect on capital formation process in the host economy. The results of econometric analysis of the total investment model presented in this paper show the evidence of crowding out long-term effect of FDI on investment in Latvia.
|Date of creation:||Sep 2005|
|Date of revision:|
|Publication status:||Published in Transport and Telecommunication 1.7(2006): pp. 76-83|
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- Manuel Agosin & Roberto Machado, 2005.
"Foreign Investment in Developing Countries: Does it Crowd in Domestic Investment?,"
Oxford Development Studies,
Taylor & Francis Journals, vol. 33(2), pages 149-162.
- Manuel R. AGOSIN & Ricardo MAYER, 2000. "Foreign Investment In Developing Countries, Does It Crowd In Domestic Investment?," UNCTAD Discussion Papers 146, United Nations Conference on Trade and Development.
- Barry P. Bosworth & Susan M. Collins, 1999. "Capital Flows to Developing Economies: Implications for Saving and Investment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 30(1), pages 143-180.
- Dainis Stikuts, 2003. "Measuring Output Gap in Latvia," Working Papers 2003/02, Latvijas Banka.
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