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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. Ray Barrell & Nigel Pain, 1993. "Trade restraints and Japanese direct investment flows," National Institute of Economic and Social Research (NIESR) Discussion Papers 43, National Institute of Economic and Social Research.
    2. James R. Markusen, 1995. "The Boundaries of Multinational Enterprises and the Theory of International Trade," Journal of Economic Perspectives, American Economic Association, vol. 9(2), pages 169-189, Spring.
    3. Csilla Hany, 1995. "Foreign direct investment in Central Eastern Europe," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 30(1), pages 36-43, January.
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    5. 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.
    6. Richard E. Baldwin & Rikard Forslid & Jan Haaland, 1995. "Investment Creation and Investment Diversion: Simulation Analysis of theSingle Market Programme," NBER Working Papers 5364, National Bureau of Economic Research, Inc.
    7. Smith, Alasdair & DRABEK, Zdenek, 1995. "Trade Performance and Trade Policy in Central and Eastern Europe," CEPR Discussion Papers 1182, Centre for Economic Policy Research.
    8. Gual, Jordi & Martín, Carmela, 1994. "Trade and Foreign Direct Investment with Central and Eastern Europe: Its Impact on Spain," CEPR Discussion Papers 1006, Centre for Economic Policy Research.
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    • E - Macroeconomics and Monetary Economics

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