Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/206598 
Year of Publication: 
2019
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 458 [Publisher:] Institute of Labor Economics (IZA) [Place:] Bonn [Year:] 2019
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Firms in the new EU member states of Eastern Europe are more productive than those in other transition economies, but with a diminishing advantage. The least productive firms benefit the most from membership, although the situation is reversed in the case of foreign-owned firms. Foreign direct investment fails to promote knowledge and technology spillovers beyond the receiving firms. The dominance of multinational enterprises in the new EU member states enhances the threat of corporate state capture and asymmetric infrastructure development, whilst access to finance remains a constricting issue for all firms.
Subjects: 
EU
institutions
state capture
foreign direct investment (FDI)
access to finance
JEL: 
G3
P45
F4
P2
Persistent Identifier of the first edition: 
Document Type: 
Article

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