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, gross fixed capital formation, and FDI inflows to Hungary during the 1995-2012 period. Although this question has great … transition economies such as Hungary. Utilizing single- break unit root and cointegration analysis, this study finds a stable …
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The aim of this paper is to empirically investigate the relationship between FDI and domestic investment in a sample of 10 Central and Eastern European countries over the period 1995-2015. We find FDI to lead to a creative destruction phenomenon, with a short-term crowding out effect on domestic...
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