Economic Integration and Foreign Direct Investment : Review of Main Theoretical Concepts

• Autorzy: Adam Marszk
• Języki publikacji: EN

Abstrakty

EN

Objective: The objective of the article is to present key theoretical relationships between economic integration and FDI flows.

Research Design & Methods: The research method used is a comprehensive literature review. Most influential publications, including books, articles, working papers, etc. contributing to the subject were identified. The review consists of two essential parts: theory of FDI, and theoretical relationships between economic integration and FDI flows. Finally, the outlined publications were discussed and critiqued, including the empirical context, i.e. empirical verification of the presented links.

Findings: In some areas the theoretical impact of integration on FDI is unclear, thus being an obstacle to making informed policy decisions. According to various theoretical concepts, economic integration should influence FDI flows mostly positively, due to e.g. reduced trade barriers and extended market sizes.

Implications & Recommendations: A number of theoretical concepts support the positive impact of economic integration on FDI flows. Possible directions of future research include comparisons of blocs with members at different development level, and further development of FDI theories in order to account for integration effects.

Contribution & Value Added: For the time being, this paper seems to be the most comprehensive and up-to-date survey of this topic. (original abstract)

Słowa kluczowe

EN

Direct investments; Foreign investment; Economic integration; Regional trade agreements

PL

Inwestycje bezpośrednie; Inwestycje zagraniczne; Integracja gospodarcza; Regionalne umowy handlowe

• Czasopismo: Entrepreneurial Business and Economics Review
• Rocznik: 2014
• Tom: 2
• Numer: nr 3 FDI in Central Europe
• Strony: 79--89

Twórcy

autor

Adam Marszk

• Gdansk University of Technology, Poland

Bibliografia

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Identyfikatory

DOI

10.15678/EBER.2014.020307