Modelling FDI based on a spatially augmented gravity model: Evidence for Central and Eastern European Countries

Markus Leibrecht () and Aleksandra Riedl ()
Additional contact information
Markus Leibrecht: Department for Economics, Leuphana University Lueneburg, Germany

No 239, Working Paper Series in Economics from University of Lüneburg, Institute of Economics

Abstract: Based on a spatially augmented gravity model the current paper isolates spatial interrelationships in Foreign Direct Investment (FDI) to Central and Eastern European Countries (CEECs) not only across the destination but also across the origin country dimension of FDI. Results show that: (i) spatial interrelationships across destination countries are present and are consistent with the predom- inance of vertical-complex FDI in total FDI; (ii) spatial correlation across origin countries is given in earlier years of transition, while demonstration and competition effects cancel over the whole sample period; and (iii) agglomeration forces gain in importance for FDI to CEECs.

Keywords: Foreign Direct Investment; Spatial Econometrics; Central and Eastern Europe; Third country effects (search for similar items in EconPapers)
JEL-codes: C33 F21 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2012-04
New Economics Papers: this item is included in nep-eur, nep-geo, nep-int and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://www.leuphana.de/fileadmin/user_upload/Fors ... df/wp_239_Upload.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (https://www.leuphana.de/fileadmin/user_upload/Forschungseinrichtungen/ifvwl/WorkingPapers/lue/pdf/wp_239_Upload.pdf [303 See Other]--> https://www.leuphana.de/fileadmin/user_upload/forschungseinrichtungen/ifvwl/workingpapers/lue/pdf/wp_239_upload.pdf)

Related works:
Journal Article: Modeling FDI based on a spatially augmented gravity model: Evidence for Central and Eastern European Countries (2014)
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:lue:wpaper:239

Access Statistics for this paper

More papers in Working Paper Series in Economics from University of Lüneburg, Institute of Economics
Bibliographic data for series maintained by Joachim Wagner ( this e-mail address is bad, please contact ).