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

Author

Listed:
  • 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.

Suggested Citation

  • Melanie Lansbury & Nigel Pain & Katerina Smidkova, 2004. "Foreign Direct Investment in Central Europe Since 1990: An Econometric Study," Macroeconomics 0404002, University Library of Munich, Germany.
    • 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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    References listed on IDEAS

    as
    1. Leamer, Edward E. & Levinsohn, James, 1995. "International trade theory: The evidence," Handbook of International Economics, in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 26, pages 1339-1394, Elsevier.
    2. Nigel Pain & Ray Barrell, 1996. "Regionalism, innovation and the location of German direct investment," National Institute of Economic and Social Research (NIESR) Discussion Papers 91, National Institute of Economic and Social Research.
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    6. 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.
    7. 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.
    8. Barrell, Ray & Pain, Nigel, 1999. "Trade restraints and Japanese direct investment flows," European Economic Review, Elsevier, vol. 43(1), pages 29-45, January.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Foreign direct investment Central Europe Econometric estimates;

    JEL classification:

    • E - Macroeconomics and Monetary Economics

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