Does inward foreign direct investment influence macroeconomic performance? A case of Slovakia
Aneta Bobeni? Hinto?ová ()
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Aneta Bobeni? Hinto?ová: Faculty of Business Economics in Ko?ice, University of Economics in Bratislava
No 9811998, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences
Foreign direct investments (FDI) are generally considered as key drivers of economic development of the country. However, studies confirming significant effects of inward FDI on macroeconomic performance especially in conditions of the Central European countries are rather scare. The present paper investigates effects of different types of inward FDI, namely cross-border mergers and acquisitions and greenfield investment projects on the macroeconomic performance measured by GDP per capita in conditions of Slovakia. The results of regression analysis for the period of 2003-2018 show rather negative impact of greenfield investments allocated in Slovakia as well as cross border sales of local companies on the level of GDP per capita of the host country.
Keywords: foreign direct investment; macroeconomic performance; mergers and acquisitions; greenfield projects (search for similar items in EconPapers)
JEL-codes: F21 F23 F43 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-fdg, nep-int and nep-tra
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Published in Proceedings of the Proceedings of the 49th International Academic Conference, Dubrovnik, Oct 2019, pages 48-56
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Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:9811998
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