FDI Localization, Wage and Urbanization in Central Europe. Comparative study of the evolution of stock returns for listed

Mehdi Behname

Romanian Economic Journal, 2013, vol. 16, issue 48, 23-36

Abstract: This paper studies the impacts of urbanization and wage on foreign direct investment (FDI) in Central Europe. This paper applies the panel data model for study of urbanization and FDI in Central Europe selected countries. We consider Central Europe selected countries over the period 1992-2009. Our estimation shows the urbanization has positive impact on attraction of FDI. We find that human capital and economic growth (market potential) are favorable for FDI flows. Distance has negative effect on FDI. Economic risk (inflation) and increasing in wage level also have negative impact on foreign direct investment.

Keywords: Foreign Direct Investment; Wage; Central Europe; Urbanization (search for similar items in EconPapers)
JEL-codes: F21 F43 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rej:journl:v:16:y:2013:i:47:p:23-36

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