Tang, Donny - In: Comparative economic research : Central and Eastern Europe 20 (2017) 1, pp. 75-99
This study examines whether the CEECs' financial market development can explain the EU FDI in the CEECs during 1994 … sector reforms undertaken before the CEECs' EU accession. Second, the stock market size had a positive effect in 1997 …-2004. This is due to the fact that the EU membership announcement facilitated deeper stock market integration. Third, the higher …