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Foreign Direct Investment in Selected Countries of Balkan and in the Visegrad Group Countries: Does it Crowd out or Crowd in Domestic Investment?

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F12%3A%230001718" target="_blank" >RIV/47813059:19520/12:#0001718 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Foreign Direct Investment in Selected Countries of Balkan and in the Visegrad Group Countries: Does it Crowd out or Crowd in Domestic Investment?

  • Original language description

    Foreign direct investments are generally considered to he one of the factors with positive influence on the development of economy in a country they flow to. The key question in evaluating the impact of foreign direct investment on development, however,is whether foreign direct investment crowd in or crowd out the domestic investment. The aim of this paper is to examine whether foreign direct investment in the selected countries of Balkan or in the Visegrad Group Countries crowd in or crowd out the domestic investment. For this purpose we apply theoretical model of investment that incorporates foreign direct investment as an exogenous variable. Data were tested with panel regression for the period 1993 - 2009. We found out that for the time period 1993 - 2009 there was an evidence of neutral crowding out effect or the effect of crowding out domestic investments by foreign investment in the selected countries of Balkan. Crowding out effect of domestic investment by foreign direct inves

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2012

  • Confidentiality

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

Data specific for result type

  • Article name in the collection

    PROCEEDINGS OF THE 13TH INTERNATIONAL CONFERENCE ON FINANCE AND BANKING

  • ISBN

    978-80-7248-753-0

  • ISSN

  • e-ISSN

  • Number of pages

    8

  • Pages from-to

    90-97

  • Publisher name

    Slezská univerzita v Opavě, Obchodně podnikatelská fakulta v Karviné

  • Place of publication

    Karviná

  • Event location

    Ostrava

  • Event date

    Jan 1, 2011

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article

    000309369700009