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Autoren: 
Carstensen, Kai
Toubal, Farid
Datum: 
2003
Reihe/Nr.: 
Kiel Working Paper 1143
Zusammenfassung: 
This paper uses dynamic panel data methods to examine the determinants of Foreign Direct Investment (FDI) into Central and Eastern European Countries (CEECs). Our empirical model shows that the traditional determinants, such as market potential, low relative unit labor costs, a skilled workforce and relative endowments have significant and plausible effects. In addition, transition-specific factors such as the level and method of privatisation, and the country risk, play an important role in determining the flows of FDI into the CEECs and help explain the different attractiveness for FDI of the individual countries.
Schlagwörter: 
Transition economies
FDI
Panel estimation
JEL: 
F21
F23
P33
Dokumentart: 
Working Paper

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