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investment. For countries with less developed financial markets and weaker institutions, our estimates for the FDI coefficient … are larger than one, suggesting FDI stimulates investment in other sectors of the economy (spillover effects). Over the … longer term, each dollar of FDI generates at least one additional dollar of local investment. In transition countries with …
Persistent link: https://www.econbiz.de/10013316593
This article focuses on the determinants of inward foreign direct investment (FDI) in Russia. The article briefly … describes the historical context of foreign investment policymaking in Russia since the beginning of the economic transition to … literature review, the most commonly cited determinants explaining inward FDI in Russia include market size, labour productivity …
Persistent link: https://www.econbiz.de/10012303454
performance benefit from foreign direct investment, while this is not the case for firms based in less developed economies or …
Persistent link: https://www.econbiz.de/10012671203
Investment has been found to be a significant determinant of growth. This paper analyses the effects of institutions … and transition progress on investment rates of transition economies since the collapse of the Socialist Bloc. Political … show that institutions and transition progress have expected and significant effect on investment rates of transition …
Persistent link: https://www.econbiz.de/10013108900
Many of the states of the former Soviet Union have experienced a dramatic collapse of output during transition, which has not yet been reversed in a sustainable way. The economics of disorganization, proposed by Blanchard (1997) and tested empirically by Blanchard and Kremer (1997), reasons that...
Persistent link: https://www.econbiz.de/10014133697
Contagion from East Asia imposed a severe "stress test" on the market-oriented reforms of transition economies. We find that the portfolio reallocations of investors differentiated sharply among these economies at the height of the East Asian turmoil, appearing clearly in the relative movements...
Persistent link: https://www.econbiz.de/10014189952
This article analyses the contribution of foreign direct investment to structural change in various groups of economies … Bulgaria and Romania), and the Commonwealth of Independent States. It comes to the conclusion that foreign direct investment … Russian Federation. This is related to differences in timing of investment flows (they started earlier in new EU members …
Persistent link: https://www.econbiz.de/10013134967
-term, structural characteristics of inward and outward foreign direct investment (FDI), these 12 economies are facing new COVID-19 … the main characteristics (geographical and sectoral) of FDI, with special reference to greenfield project announcements … attracting inward or promoting outward FDI or both. The performance of the 12 post-Soviet economies is controlled against the …
Persistent link: https://www.econbiz.de/10013314604
investment (FDI) on growth of per capita real GDP in 13 transition economies of Central and Eastern Europe, and the Baltic region … this region. In addition, domestic investment appears to be an important determinant of growth. In general, FDI does not … investment and trade on foreign direct investment, it appears to be a significant determinant of growth for the period after 1995 …
Persistent link: https://www.econbiz.de/10014214850
This paper investigates spatial determinants of FDI location. In particular, FDI in neighboring countries and foreign … spatial links are found positive and economically large. Omitting spatial FDI leads to a serious misspecification of the model …-robust determinant of FDI location. As the analysis of sub-samples of the data indicates, the FDI complementarity is stronger for the CIS …
Persistent link: https://www.econbiz.de/10013141500