Tiesioginių užsienio investicijų Lietuvoje regioninė analizė
Regional analysis of foreign direct investment in Lithuania

Summary/Abstract: Straipsnyje nagrinėjamos tiesioginės užsienio investicijos (TUI) ir jų diferenciacija Lietuvos apskrityse. Ekonometriniais modeliais nustatoma TUI priklausomybė nuo makroekonominių veiksnių, įvertinama Lietuvos apskričių socialinės–ekonominės padėties įtaka regionams. Foreign direct investment (FDI) flows during recent decades have a clear upward trend, but the dynamics of the determinants of FDI is not fully determined. FDI flows and their causes in the scientific literature are usually analysed in a national level. However, foreign entities investing capital abroad take into account not only the overall situation in the capital market or the constraints of the economic activity in the potential recipient country but also pays attention to the individual characteristics of the regions of the country. It is closely related to the research problem – it is questioned why some of regions of the same country are able to attract FDI, while others do not. Therefore it is very important to identify the main differences between FDI in the regions and to evaluate the potential of the regions. Therefore this research paper is focused on the FDI in the counties of Lithuania. The objective of this study is to assess the differentiation of FDI in the counties of Lithuania and determine the essential elements of FDI allocation, their dynamics, and potential of the regions. This research is based on theoretical and statistical sources. Scientific analysis of FDI enables to focus on the most important aspects of FDI factors. The quantitative assessment of FDI in the counties of Lithuania is based on statistical database information and econometric models. In order to identify and assess the factors of FDI differentiation in the counties of Lithuania authors conducted an econometric panel data models: fixed constants, fixed effects, random effects models.

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