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

Kód výsledku v 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>

Výsledek na webu

—

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

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

Popis výsledku anglicky

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

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

—

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2012

Kód důvěrnosti údajů

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

Název statě ve sborníku

PROCEEDINGS OF THE 13TH INTERNATIONAL CONFERENCE ON FINANCE AND BANKING

ISBN

978-80-7248-753-0

ISSN

—

e-ISSN

—

Počet stran výsledku

8

Strana od-do

90-97

Název nakladatele

Slezská univerzita v Opavě, Obchodně podnikatelská fakulta v Karviné

Místo vydání

Karviná

Místo konání akce

Ostrava

Datum konání akce

1. 1. 2011

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000309369700009