This paper focuses on the role of classifying types of foreign direct investment (FDI) for analyzing the determinants of cross-border investment relationships. We base our investigation on a newly established firm-level data set of German multinational firms and their affiliates in the Czech...

Istanbul metropolitan region is the economic heart of Turkey, which is generally listed among the emerging economies of the last decade. Although compared to other European regions foreign capital and investment are underrepresented in Istanbul, economic growth and the stability of Turkey in the...

We analyze the influence of newly constructed globalization measures on regional growth for the EU-27 countries between 2001 and 2006. The spatial Chow-Lin procedure, a method constructed by the authors, was used to construct on a NUTS-2 level a complete regional data for exports, imports and...

The aim of the present paper is to describe the investment environment in Romania, to highlight the stringent problems that need to be solved and also to propose solutions for a better investment environment. In the actual economic context, policymakers across all regions are facing difficult...

For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both within and between spatial units. In this paper, we...