Panel data analysis of the impact of economic and institutional factors upon the FDI inflow in SEE countries
Journal
Review of Socio-Economic Perspectives
Date Issued
2018
Author(s)
DOI
10.19275/RSEP048
Abstract
The panel data analysis presented in this paper focuses on the impact of economic and institutional factors upon the attractiveness of the economies of South- East Europe (SEE): Albania, Bosnia and Herzegovina, Bulgaria, Macedonia, Montenegro, Romania, Serbia, Kosovo and Croatia for foreign direct investment (FDI). The analysis was done for a period of twenty years (1995-2015) in order to examine which determinants are significant for increased FDI inflow in the SEE countries on a basis of a holistic approach using multiple regressions. Taking into account both economic and institutional variables, the results of the analysis indicate both of them to be significant for attracting FDI.
Subjects
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