Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/128722 
Year of Publication: 
2002
Series/Report no.: 
WIFO Working Papers No. 174
Publisher: 
Austrian Institute of Economic Research (WIFO), Vienna
Abstract: 
The envisaged EU enlargement will lead to a redirection of Structural and Cohesion Funds expenditures from current to new EUmembers. This redistribution of funds makes the accession countries even more attractive as a location of FDI. Using a logistic regressions approach, this paper shows that a hypothetical reallocation of Structural Funds as envisaged by Agenda 2000 leads to a redistribution of FDI by approximately 0.8 percentage points from the current EU members to the accession countries (first round) and 2.6 percentage points (second round), respectively
Subjects: 
FDI
Structural Funds
Gravity equation
European integration
Panel econometrics
JEL: 
C33; F14; F15
Document Type: 
Working Paper

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