Determinants of FDI Stocks and Flows to Eastern European Countries

Filip Angela-Maria () and Moldovan Andrei-Vasile ()
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Filip Angela-Maria: “Babeº-Bolyai” University of Cluj-Napoca Faculty of Economics and Business Administration
Moldovan Andrei-Vasile: “Babeº-Bolyai” University of Cluj-Napoca Faculty of Economics and Business Administration

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 3, 65

Abstract: Considering the significant positive impact of foreign direct investments on the developing economies, we have tried in this paper to identify the main factors influencing one way or another the flows and stocks of FDI. Our sample includes four host countries with a similar past from Eastern Europe and five home countries with an important contribution to the FDI stocks within the host countries. After choosing the main potential impact factors based on previous theoretical and empirical evidence, we have performed a panel data analysis based on a gravitational approach.

Keywords: economic growth; FDI stock; FDI flows; home country; host country. (search for similar items in EconPapers)
JEL-codes: E22 F21 F23 (search for similar items in EconPapers)
Date: 2012
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