The Determinants Of European Union (EU) Foreign Direct Investments In The EU Countries From Central And Eastern Europe During 1994–2012

Tang, Donny

doi:10.1515/cer-2017-0005

Cited by 12 publications

(14 citation statements)

References 4 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…More recently, the determinants of inward FDI have been studied empirically also for other countries. In the context of Central and East European countries (CEECs), there exists a relatively large number of cross-country studies for the whole region including, inter alia, Lansbury et al (1996), Brenton et al (1999), Benacek et al (2000), Resmini (2000), Garibaldi et al (2001), Bevan and Estrin (2004), Carstensen and Toubal (2004), Cieślik and Ryan (2004), Baniak et al (2005), Gorbunova et al (2012), Wach and Wojciechowski (2016) and more recently by Ascani et al 2017, Stack et al (2017) and Tang (2017). 4 However, the empirical evidence for individual CEECs is more scarce.…”

mentioning

confidence: 99%

What attracts multinational enterprises from the new EU member states to Poland?

Cieślik

2019

Eurasian Bus Rev

View full text Add to dashboard Cite

The main goal of this study is to examine empirically the determinants of multinational activity of firms from the new EU-12 member states in Poland during the period 1990-2014 using the negative binomial model. In particular, we test the predictions of competing theoretical models of the multinational enterprise to identify the investment motives for undertaking foreign direct investment in Poland. In addition to traditional country-pair characteristics such as absolute and relative market size and differences in relative factor endowments, in this study we account for cultural differences between the host and partner countries that may affect the cost of foreign investment. The assembled empirical evidence points to both market access and efficiency seeking as the main reasons for undertaking foreign direct investment in Poland by multinational enterprises based in the new EU-12 member states. However, cultural proximity does not seem to be an important factor in explaining the extent of multinational activity in Poland.

show abstract

mentioning

confidence: 99%

What attracts multinational enterprises from the new EU member states to Poland?

Cieślik

2019

Eurasian Bus Rev

View full text Add to dashboard Cite

show abstract

“…Stephan (2005). The significance of FDI inflow into transition economies was underlined by M. Du Pont (2000), D. Tang (2017), R. Mitrovic, A. Juric and M. Joksimovic (2017), while N. Smith (2017) analysed the need for FDI in developed economies. S. Chaudhuri and U. Mukhopadhyay (2014) studied theoretical aspects of FDI in developing countries.…”

Section: Foreign Direct Investment Studies: Literature Reviewmentioning

confidence: 99%

The Engagement of the Visegrad 4 in International Transfer of Capital in the Form of Foreign Direct Investment in the Post-Crisis Period

Pawlas

2021

Regional Formation and Development Studies

View full text Add to dashboard Cite

The paper concentrates on the international transfer of capital in the form of foreign direct investment (FDI). A relatively high level of investment attractiveness of an economy is required for the attraction of capital in the form of FDI. Inflow of capital in the form of FDI is perceived as a factor stimulating economic development of the so-called catching up economies, and the Visegrad 4 countries can be viewed as such economies. The crucial objective of the paper is to present investment attractiveness of the Visegrad 4 countries in the light of the International Bank for Reconstruction and Development / the World Bank reports and EY's surveys. A parallel objective is to analyse the engagement of the Visegrad 4 countries in international capital transfer in the form of FDI in post-crisis period in order to identify inward and outward FDI flows and stock. The research tools used in the article included literature studies, descriptive analysis and comparative analysis. The undertaken research leads to a conclusion that foreign capital played an important role in the transformation of the V4 economies and their strong integration with the world economy. It contributed to supplementing capital shortages and increasing efficiency. The V4 countries remain net importers of capital in the form of FDI, though the positions of the V4 as investors in the world market have risen slightly over the last decade. It is of vital importance to introduce dynamic and effective actions aiming at promoting the V4 as a location of FDI and to undertake parallel activities directed at stimulating the V4 investment abroad. KEY WORDS: international transfer of capital, foreign direct investment, the Visegrad 4 countries.JEL CODES: F21, F23, F02, O57.

show abstract

“…Determinants and location strategies have been examined by others as well, incl. Ascani et al (2016) or Tang (2017). Foreign-owned firms impact employment and gross domestic product in their host country through four main transmission channels: direct, indirect, induced, and spillover impacts (Jungbluth et al, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

Enterprise ownership patterns in the least developed districts of Slovakia

Csabay

Vincúrová

Stoch

et al. 2021

View full text Add to dashboard Cite

Research background: The literature overview shows a blank space regarding the effects of ownership on the determination of enterprises' spatial distribution. Various papers identify differences between determinants of the spatial distribution of foreign direct investments, exporters in foreign ownership, and domestically owned exporters; however, they mostly agree on the role of big cities, economic centres, and state of infrastructure as well as historical patterns. Purpose of the article: The article focuses on the spatial distribution analysis of enterprise units from their owner's perspective on the empirical evidence from all 79 districts of the Slovak Republic. Special attention is given to the category of the least developed districts. Methods: Within the presented article, the authors investigate the characteristics of the regional spatial distribution of business entities concerning standard ownership categories using the cluster analysis. The presented approach is twofold: firstly, the authors investigate the share of individual ownership types on the district level, and secondly, the number of enterprises by ownership categories is adjusted to 100,000 inhabitants. Cluster analysis and methods of spatial statistics are applied in both approaches. Findings & value added: The main results show a relation between the district's inclusion into the group of the least developed districts and enterprise ownership characteristics in these districts mainly through the relative underrepresentation of the secluded inland, foreign and international types of ownership, as well as their geographical clustering. The results of the presented research can be used in policy-making targeting business activity in underdeveloped districts. At the same time, the results provide basis for limited theoretical generalisations based on a single-country case study with regard to principles of business ownership structures development.

show abstract

The Determinants Of European Union (EU) Foreign Direct Investments In The EU Countries From Central And Eastern Europe During 1994–2012

Abstract: This study examines whether the CEECs' financial market development can explain the EU FDI in the CEECs during [1994][1995][1996][1997][1998][1999][2000][2001][2002][2003][2004][2005][2006][2007][2008][2009][2010][2011][2012]

Cited by 12 publications

References 4 publications

What attracts multinational enterprises from the new EU member states to Poland?

What attracts multinational enterprises from the new EU member states to Poland?

The Engagement of the Visegrad 4 in International Transfer of Capital in the Form of Foreign Direct Investment in the Post-Crisis Period

Enterprise ownership patterns in the least developed districts of Slovakia

Contact Info

Product

Resources

About