ANALYSIS OF FOREIGN DIRECT INVESTMENT DETERMINANTS IN THE SELECTED COUNTRY

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F18%3A39913121" target="_blank" >RIV/00216275:25410/18:39913121 - isvavai.cz</a>

Result on the web

<a href="http://www.esd-conference.com/upload/book_of_proceedings/Book_of_Proceedings_esdLisbon2018_Online.pdf" target="_blank" >http://www.esd-conference.com/upload/book_of_proceedings/Book_of_Proceedings_esdLisbon2018_Online.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

ANALYSIS OF FOREIGN DIRECT INVESTMENT DETERMINANTS IN THE SELECTED COUNTRY

Original language description

In the host country, foreign direct investment opens new work opportunities, positively influences workforce productivity, introduces the latest findings and technological know-how, and positively influences the balance of payments – thus also increasing the rate of economic growth. Viewed through a long-term perspective that takes indirect effects into consideration, foreign direct investment is nonetheless accompanied by many negative effects. Foreign direct investment is claimed to not necessarily support economic growth and employment especially in cases when foreign direct investment largely crowds out existing investments. Investors are claimed to also, not form ties with domestic companies, production also tends to be focused on technologically less complicated phases of the production chain, and transnational companies in the country are also believed to implement unfriendly strategies. Each country has certain factors that are important for investor decision-making. Many of these factors can influence the host economy and encourage interest from foreign investors. Some factors such as the position of the state, on the other hand, cannot influence the host economy. Investors generally prefer countries that are attractive for some reason. A unified definition of factors that are decisive for investors is quite difficult, however, Countries wishing to support the flow of foreign investment use variety of tools to attract investors, including host country promotion, investment incentives, or aftercare services. The aim of the paper is to identify, based on the available literature, the possible factors influencing the inflow of foreign direct investment into the country in general and using statistical methods to identify specific factors influencing foreign direct investment in the selected country. Using multiple regression analysis, the Gross domestic product, Corporation tax, Science and research expenditures and the Corruption perception index were identified as significant factors influencing foreign direct investment in the Czech Republic.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50602 - Public administration

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2018

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

35th International Scientific Conference on Economic and Social Development &quot;Sustainability from an Economic and Social Perspective&quot; : book of proceedings

ISBN

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ISSN

1849-7535

e-ISSN

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Number of pages

8

Pages from-to

786-793

Publisher name

Varazdin Development and Entrepreneurship Agency

Place of publication

Varazdin

Event location

Lisabon

Event date

Nov 15, 2018

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

000550734100084