Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/320195 
Erscheinungsjahr: 
2024
Quellenangabe: 
[Journal:] The European Journal of Comparative Economics (EJCE) [ISSN:] 1824-2979 [Volume:] 21 [Issue:] 1 [Year:] 2024 [Pages:] 35-63
Verlag: 
University Carlo Cattaneo (LIUC), Castellanza
Zusammenfassung: 
This study investigates the determinants of FDI to 12 transition economies in the Commonwealth of Independent States (CIS) by incorporating the market, institutional, and geographic factors, using panel data from 2002 to 2020. We analyze whether and how these factors differ across regions based on country-specific geographic location characteristics. The results of the Prais-Winsten regression with panel-corrected standard errors (PCSEs) show that market size, trade openness, natural resources, institutional quality, and sea access are positively associated with FDI. On the contrary, external debt and landlockedness deter FDI, but the adverse effect of landlockedness may be neutralized by sea access.
Schlagwörter: 
Foreign direct investment
Economic freedom
Landlocked
Sea-access
Transition economies
JEL: 
F15
F21
O53
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