Institutional Quality and its Impact on FDI Inflow : Evidence from the EU Member States

• Autorzy: Bogusława Dobrowolska , Tomasz Dorożyński , Anetta Kuna Marszałek

Warianty tytułu

Jakość instytucjonalna i jej wpływ na zagraniczne inwestycje bezpośrednie : przykład państw członkowskich Unii Europejskiej

• Języki publikacji: EN

Abstrakty

EN

The aim of the article is to assess institutional quality in 28 EU Member States and to examine the relationship between the quality of institutions and FDI inward stock as % of GDP. This study is structured as follows. Firstly, we reviewed studies dedicated to the relationship between institutional quality and investment attractiveness. Then, we discussed FDI inflow into the EU countries and selected diagnostic variables that later served as the basis for our research in which we used categories of the Global Competitiveness Index. Based on rankings and using statistical methods, in the next stage, we divided the EU Member States into groups representing similar institutional quality. Then we investigated the relationships between groups of countries similar to one another when it comes to institutional quality and groups of countries ranked in ascending order by the value of foreign direct investment inflow measured as FDI inward stock as % of GDP.
The study demonstrated that the EU Member States differ with respect to institutional quality. The results of the statistical analysis have provided grounds to positively verify the hypothesis about a positive relationship between the level of institutional quality and investment attractiveness. (original abstract)

Celem artykułu jest ocena jakości instytucjonalnej w 28 państwach członkowskich UE oraz próba oceny zależności pomiędzy jakością instytucjonalną a poziomem napływu zagranicznych inwestycji bezpośrednich (ZIB). Opracowanie ma następującą strukturę. Po pierwsze, dokonaliśmy przeglądu badań poświęconych związkom między jakością instytucjonalną a atrakcyjnością inwestycyjną. Następnie omówiliśmy napływ ZIB do krajów UE i wybraliśmy zmienne diagnostyczne, które posłużyły za podstawę do dalszej analizy. W tym celu posłużyliśmy się miernikami Globalnego Indeksu Konkurencyjności. W kolejnym etapie wykorzystując rankingi i metody statystyczne podzieliliśmy państwa członkowskie UE na grupy o zbliżonym poziomie jakości instytucjonalnej. Następnie zbadaliśmy zależności między podobnymi do siebie grupami krajów oraz grupami państw uszeregowanych według wartości napływu ZIB jako % PKB.
Badanie wykazało, że państwa członkowskie UE różnią się wyraźnie pod względem jakości instytucjonalnej. Wyniki analiz statystycznych dały podstawę do pozytywnej weryfikacji hipotezy o pozytywnym związku między poziomem jakości instytucjonalnej a atrakcyjnością inwestycyjną. (abstrakt oryginalny)

Słowa kluczowe

EN

Foreign investment; Direct investments; Quality; Institutional analysis; Cluster analysis

PL

Inwestycje zagraniczne; Inwestycje bezpośrednie; Jakość; Analiza instytucjonalna; Analiza skupień

• Czasopismo: Comparative Economic Research
• Rocznik: 2021
• Tom: 24
• Numer: nr 4
• Strony: 23--44

Twórcy

autor

Bogusława Dobrowolska

• University of Lodz, Poland

autor

Tomasz Dorożyński

• University of Lodz, Poland

autor

Anetta Kuna Marszałek

• University of Lodz, Poland

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Identyfikatory

DOI

10.18778/1508-2008.24.29