IMPACT OF THE ECONOMIC CRISIS ON FDI IN CENTRAL AND EASTERN EUROPE
IMPACT OF THE ECONOMIC CRISIS ON FDI IN CENTRAL AND EASTERN EUROPE
Author(s): Adina Dornean, Dumitru-Cristian OaneaSubject(s): National Economy, Transformation Period (1990 - 2010), Financial Markets
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: FDI; CEE; financial crisis;
Summary/Abstract: Few studies have investigated the relationship between the 2008 global financial and economic crisis and foreign direct investments (FDI) flows. This paper aims to analyze empirically this relationship for Central and Eastern European (CEE) countries. The crisis had a major impact on capital flows to the region, although the magnitude of the impact differed notably, depending on specific characteristics of the host country. In order to highlight this, we use a multivariate regression model based on dynamic panel data methodology, which will help us in analyzing also the significant factors affecting the evolution of FDI in the CEE countries during the period 2000-2013.
Journal: Review of Economic and Business Studies (REBS)
- Issue Year: 2015
- Issue No: 16
- Page Range: 53-68
- Page Count: 16
- Language: English
