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Comparative study regarding the evolution of the foreign direct investments in central and eastern Europe region's countries

Ionela Gavrila-Paven

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Abstract: In this paper, we question whether there is a catch-up effect or announcement effecting Foreign Direct Investment (FDI) from the European Union (EU) to the ten EU accession countries. We study FDI outflows for Romania, a small economy with few historical ties to Eastern Europe, and compare FDI in the transition countries in Central and Eastern Europe to FDI in other regions - most notably to transition countries in Central Asia. In our analysis we try to impose as little structure as possible on the data and allow for heterogeneity within the different regions. In an effort to improve on past studies in the same area, we use a very broad sample of countries; we present country-specific results. We will try to show that economic fundamentals explain differences in inward investment in the region. FDI and trade are mostly complementary and there is no evidence that there is crowding out between regions

Keywords: partnership; sustainable development; investments; comparation; Territorial Intelligence; Intelligence Territoriale; développement durable; partenariat; investissements (search for similar items in EconPapers)
Date: 2006-09-20
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01000207v1
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Published in International Conference of Territorial Intelligence, Sep 2006, Alba Iulia, Romania. pp.1

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-01000207

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