Determinants of Foreign Direct Investment in Developed and Emerging Markets

• Autorzy: Jerzy Różański , Paweł Sekuła

Warianty tytułu

Determinanty bezpośrednich inwestycji zagranicznych na rynkach rozwiniętych i wschodzących

• Języki publikacji: EN

Abstrakty

EN

We analyzed FDI determinants for 26 developed economies and 25 emerging markets. The analysis was conducted using a panel regression model for the period 1996-2014 as well as macroeconomic and institutional variables. Growth dynamics, increasing welfare, and the size of the market positively influence FDI. Among institutional variables, government stability index and the rule of law index exert positive impact upon FDI. Misgivings with respect to the quality of democracy and corruption do not undermine FDI inflow. (original abstract)

Badane są determinanty FDI dla 26 państw rozwiniętych i 25 państw wschodzących. Analizę przeprowadzono przy wykorzystaniu modelu regresji panelowej w okresie 1996-2014, dla zmiennych makroekonomicznych i instytucjonalnych. Stwierdzono pozytywny wpływ dynamiki wzrostu gospodarki, poziomu zamożności i wielkości rynku na FDI. Dla zmiennych instytucjonalnych odnotowano dodatni wpływ indeksu stabilności rządu i indeksu ładu prawnego na FDI. Problemy z jakością demokracji i korupcją nie ograniczały napływu FDI. (abstrakt oryginalny)

Słowa kluczowe

EN

Emerging markets; Direct investments; Foreign investment; Panel data

PL

Rynki wschodzące; Inwestycje bezpośrednie; Inwestycje zagraniczne; Dane panelowe

• Czasopismo: Dynamic Econometric Models
• Rocznik: 2016
• Tom: 16
• Strony: 49--64

Twórcy

autor

Jerzy Różański

• University of Lodz, Poland

autor

Paweł Sekuła

• University of Lodz, Poland

Bibliografia

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Identyfikatory

DOI

10.12775/DEM.2016.005