Foreign Direct Investment in Southeastern Europe : How (and How Much) Can Policies Help? /

Gravity factors explain a large part of Foreign Direct Investment (FDI) inflows in Southeastern Europe-a region not comprehensively covered before in econometric studies-but hostcountry policies also matter. Key are policies that affect relative unit labor costs, the corporate tax burden, infrastruc...

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Detaylı Bibliyografya
Yazar: Ribakova, Elina
Diğer Yazarlar: Demekas, Dimitri, Horvath, Balazs, Wu, Yi
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2005.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2005/110
Online Erişim:Full text available on IMF
Diğer Bilgiler
Özet:Gravity factors explain a large part of Foreign Direct Investment (FDI) inflows in Southeastern Europe-a region not comprehensively covered before in econometric studies-but hostcountry policies also matter. Key are policies that affect relative unit labor costs, the corporate tax burden, infrastructure, and the trade regime. This paper develops the concept of potential FDI for each country, and uses its deviation from actual levels to estimate what policies can realistically be expected to achieve in terms of additional FDI. It also finds evidence that above a certain threshold, the importance of some policies for attracting FDI is distinctly different.
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Fiziksel Özellikler:1 online resource (31 pages)
Materyal Türü:Mode of access: Internet
ISSN:1018-5941
Erişim:Electronic access restricted to authorized BRAC University faculty, staff and students