Foreign Direct Investment in Southeastern Europe: How (and How Much) Can Policies Help?
By Elina Ribakova, Balazs Horvath, Dimitri G. Demekas, Yi Wu. Social Science Research Network, 2005
123 citations recorded by the source corpus.
Gravity factors explain a large part of Foreign Direct Investment (FDI) inflows in Southeastern Europea region not comprehensively covered before in econometric studiesbut host-country policies also matter. Key are policies that affect relative unit labor costs, the corporate tax burden, infrastructure, and the trade regime. This paper develops the concept of potential FDI for each country, and uses its deviation from actual levels to estimate what policies can realistically be expected to achieve in terms of additional FDI. It also finds evidence that above a certain threshold, the importance of some policies for attracting FDI is distinctly different.
Subfields: Finance
View Paper: https://www.semanticscholar.org/paper/3db8539db8a7e876d0ebecdb45c47ef2d62d4b1f
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Finance
Citations in the corpus
- TERRORISM AND INTERNATIONAL TOURISM: NEW EVIDENCE (2008, background): “See, for instance, the papers by Rose (2000, 2004), Feenstra et al. (2001), Anderson and Van Wincoop (2003) or Helpman et al. (2007) for trade, Demekas et al. (2005) for investment or Karemera et al. (2000) and Gallardo et al. (2006) for migration.”