Determinants of foreign direct investment from OECD countries in Poland

Andrzej Cieślik

Eurasian Economic Review, 2020, vol. 10, issue 1, No 2, 9-25

Abstract: Abstract In the last two decades, Poland became an important recipient of foreign direct investment most of which comes from the developed West European countries. This study uses panel data analysis to empirically examine the determinants of multinational activity of firms from the OECD member states in Poland during the period 1996–2015. The model’s estimated empirical specification is based on the modified knowledge-capital model of the multinational enterprise that includes two types of capital: human and physical. Our empirical evidence points to the vertical motive as the primary reason for undertaking foreign direct investment in Poland by multinational firms based in the OECD member states.

Keywords: Foreign direct investment; OECD member states; Panel data analysis; Poland; Relative factor endowments (search for similar items in EconPapers)
JEL-codes: F23 P33 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (9)

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DOI: 10.1007/s40822-019-00136-y

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