Uwarunkowania przeplywu polskich bezposrednich inwestycji zagranicznych do krajow Unii Europejskiej. Model grawitacyjny z wykorzystaniem danych panelowych / The determinants of FDI flows from Poland to EU countries. Gravity model using panel data approach
Judyta Lubacha-Sember and
Additional contact information
Judyta Lubacha-Sember: Cracow Univeristy of Economics
Liwiusz Wojciechowski: Cracow Univeristy of Economics
International Economics, 2014, issue 7, 136-149
The purpose of this article is to test the hypothesis stating that the gravity model of the international trade explains FDI flows from Poland to 27 EU member states.It has been decided to verify how using augumeted gravity model of international trade is allowed to identify push and pull FDI factors as well as internationalization motives in FDI mode. The result verified the main hypothesis positively. Investment decisions concerning the selection of the target country are determined by the size of the market measured by GDP per capita what means market seeking motive is presence. It has been empirically proven that taxation differences and labor costs (efficiency seeking motives) have a significant influence upon decisions on investment FDI in particular host countries.
Keywords: gravity model; panel data; FDI; Dunnings theory; EU (search for similar items in EconPapers)
JEL-codes: C23 F21 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
http://repozytorium.uni.lodz.pl:8080/xmlui/bitstre ... quence=1&isAllowed=y (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ann:inecon:y:2014:i:7:p:136-149
Access Statistics for this article
International Economics is currently edited by Piotr Gabrielczak
More articles in International Economics from University of Lodz, Faculty of Economics and Sociology Contact information at EDIRC.
Series data maintained by International Economics ().