The Automotive Industry in Central and Eastern Europe – Engine of Grow or Free Rider?

Oxford Business and Economics Conference (OBEC), Oxford University, UK, June 24-26, 2009

27 Pages Posted: 11 Apr 2011

See all articles by Peter R. Haiss

Peter R. Haiss

WU Vienna University of Economics and Business; UniCredit Bank Austria; IES Vienna - Institute for the International Education of Students

Bernhard Mahlberg

Institute for Industrial Research (IWI); Vienna University of Economics and Business - Institute for Production Management

Michael Molling

Date Written: February 28, 2009

Abstract

The impact of FDI onto host countries economies is heavily debated, particularly for transition economies. However, sectoral research is scarce. Building on Aristotelous and Fountas (1996) and using data from automobile manufacturers associations (OICA and ACEA), we analyze the impact of automotive FDI on exports and GDP growth for five transition economies over the 1995-2006 period. We find that automotive FDI triggered economic growth in several CEE countries, though at varying degrees.

Keywords: Sectoral FDI, Foreign Direct Investment, Automotive Industry, Transition Economies, CEESEE, Panel Data Analysis

JEL Classification: E22, F15, F21, F23, F36, L62, M21, O11, O52, P31

Suggested Citation

Haiss, Peter R. and Mahlberg, Bernhard and Molling, Michael, The Automotive Industry in Central and Eastern Europe – Engine of Grow or Free Rider? (February 28, 2009). Oxford Business and Economics Conference (OBEC), Oxford University, UK, June 24-26, 2009. Available at SSRN: https://ssrn.com/abstract=1805968

Peter R. Haiss (Contact Author)

WU Vienna University of Economics and Business ( email )

Institute for Export Management
Welthandelsplatz 1
Vienna, A-1020
Austria
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++43-50505 8944214 (Fax)

UniCredit Bank Austria ( email )

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Vienna, A-1010
Austria
++43-(0)50505 44214 (Phone)
++43-(0)50505 89 44214 (Fax)

HOME PAGE: http://www.bankaustria.com

IES Vienna - Institute for the International Education of Students

Johannesgasse 7
Vienna, A-1010
Austria

Bernhard Mahlberg

Institute for Industrial Research (IWI) ( email )

Mittersteig 10/4
Vienna, 1050
Austria
+43 1 513 44 11 0 (Phone)
+43 1 513 44 11 2099 (Fax)

HOME PAGE: http://www.iwi.ac.at/

Vienna University of Economics and Business - Institute for Production Management ( email )

Welthandelsplatz 1
Building D2, Entrance C, 3rd floor
Vienna, 1020
Austria
+43 1 313 36 - 5615 (Phone)

HOME PAGE: http://https://www.wu.ac.at/en/prodmanengl/

No contact information is available for Michael Molling

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