IMPACT OF THE ECONOMIC CRISIS ON FDI IN CENTRAL AND EASTERN EUROPE

Adina Dornean and Dumitru-Cristian Oanea ()
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Dumitru-Cristian Oanea: Bucharest University of Economic Studies, Bucharest, Romania

Review of Economic and Business Studies, 2015, issue 16, 53-68

Abstract: Few studies have investigated the relationship between the 2008 global financial and economic crisis and foreign direct investments (FDI) flows. This paper aims to analyze empirically this relationship for Central and Eastern European (CEE) countries. The crisis had a major impact on capital flows to the region, although the magnitude of the impact differed notably, depending on specific characteristics of the host country. In order to highlight this, we use a multivariate regression model based on dynamic panel data methodology, which will help us in analyzing also the significant factors affecting the evolution of FDI in the CEE countries during the period 2000-2013.

Keywords: FDI; CEE; financial crisis (search for similar items in EconPapers)
JEL-codes: E22 F21 G01 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:aic:revebs:y:2015:d:16:dorneana

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