Foreign Direct Investment Inflow Dynamics: The Case of Central and Eastern Europe
نویسندگان
چکیده
This study investigates the dynamics of foreign direct investment (FDI) inflows into Central and Eastern European countries (CEECs) using panel data (1994–2020) analysis methods such as fixed effects, fully modified ordinary least squares (FMOLS) random effects. Specifically, examined what factors could account for mixed pattern FDI CEECs. The results from existing empirical literature on inflow triggered undertaking this to contribute ongoing debate subject. notes that infrastructural development, economic growth domestic had a significant positive influence across all three methods. Other variables were found have effect include (1) complementarity between financial development (fixed effects), (2) trade openness effects) (3) savings (random FMOLS). A negative impact exchange rate was observed under FMOLS. CEECs are therefore urged implement policies increase enhance FDI. Future studies should investigate minimum threshold levels explanatory
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ژورنال
عنوان ژورنال: Comparative Economic Research
سال: 2023
ISSN: ['1508-2008', '2082-6737']
DOI: https://doi.org/10.18778/1508-2008.26.03