Reinvestment of earnings in Polish FDI inflows

نویسندگان

چکیده

Abstract The aim of this paper is to diagnose the cause-and-effect relationships between reinvestment earnings (RoE) and other components FDI inflows GDP in Poland years 2004–2019, using VECM model**. Changes structure are line with stages life cycle. increase share RoE these investments also accompanied by an impact degree explanation changes GDP. Studies confirmed that was adequate theoretical cycle life. a decrease equities. model, impulse response function decomposition analysis among mainly equities, next, have large participation In short-term, equity has most important on GDP, additionally, RoE. long-time, importance decreases, while increases RoE, also, debt instruments. changes.

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ژورنال

عنوان ژورنال: Acta Oeconomica

سال: 2021

ISSN: ['1588-2659', '0001-6373']

DOI: https://doi.org/10.1556/032.2021.00023