International Portfolio Investments in Central and Eastern European Countries

Radostina Stamenova ()
Additional contact information
Radostina Stamenova: University of National and World Economy, Sofia, Bulgaria

Nauchni trudove, 2020, issue 5, 191-203

Abstract: The paper aims to identify the factors which determine international portfolio investments in Central and Eastern European countries. The study was performed using a multivariate regression analysis of panel data, covering 11 countries in the period 1999-2018. The results show that the change in global risk factor has the strongest impact on IPI in the analysed group of countries. Other statistically significant determinants include EU membership, currency risk, government debt and stock market capitalization.

Keywords: international portfolio investment; Central and Eastern Europe; panel data analysis (search for similar items in EconPapers)
JEL-codes: C33 F21 G11 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://unwe-research-papers.org/bg/journalissues/article/10327 (application/pdf)

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:nwe:natrud:y:2020:i:5:p:191-203

Access Statistics for this article

More articles in Nauchni trudove from University of National and World Economy, Sofia, Bulgaria Contact information at EDIRC.
Bibliographic data for series maintained by Vanya Lazarova ().