PANEL DATA ANALYSIS OF THE IMPACT OF ECONOMIC AND INSTITUTIONAL FACTORS UPON THE FDI INFLOW IN SEE COUNTRIES

Elena Makrevska Disoska, Katerina Toshevska-Trpchevska, Irena Kikerkova and Elena Naumovska
Additional contact information
Elena Makrevska Disoska: Cyril and Methodius University in Skopje, Faculty of Economics, Skopje, Republic of Macedonia
Katerina Toshevska-Trpchevska: Cyril and Methodius University in Skopje, Faculty of Economics, Skopje, Republic of Macedonia
Irena Kikerkova: Cyril and Methodius University in Skopje, Faculty of Economics, Skopje, Republic of Macedonia
Elena Naumovska: Cyril and Methodius University in Skopje, Faculty of Economics, Skopje, Republic of Macedonia

Review of Socio - Economic Perspectives, 2018, vol. 3, issue 2, 17-29

Abstract: The panel data analysis presented in this paper focuses on the impact of economic and institutional factors upon the attractiveness of the economies of South- East Europe (SEE): Albania, Bosnia and Herzegovina, Bulgaria, Macedonia, Montenegro, Romania, Serbia, Kosovo and Croatia for foreign direct investment (FDI). The analysis was done for a period of twenty years (1995-2015) in order to examine which determinants are significant for increased FDI inflow in the SEE countries on a basis of a holistic approach using multiple regressions. Taking into account both economic and institutional variables, the results of the analysis indicate both of them to be significant for attracting FDI.

Keywords: foreign direct investment; South-East Europe; CEFTA-2006, panel data analysis, economic factors; institutional factors (search for similar items in EconPapers)
JEL-codes: C23 F21 F60 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://reviewsep.com/wp-content/uploads/2018/12/2_ELENA-Arranged.pdf (application/pdf)
https://reviewsep.com/?page_id=430 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aly:journl:201824

DOI: 10.19275/RSEP048

Access Statistics for this article

Review of Socio - Economic Perspectives is currently edited by Veysel KAYA

More articles in Review of Socio - Economic Perspectives from Reviewsep
Bibliographic data for series maintained by Veysel KAYA ().