The Determinants of Foreign Direct Investment in the Ceecs New Evidence from Sectoral Patterns

Posted: 24 Apr 2001

See all articles by Laura Resmini

Laura Resmini

Bocconi University - Department of Economics

Abstract

This paper investigates the determinants of European Union FDI in the CEECs at sectoral level. The aim is to understand whether and to what extent FDI undertaken in different sectors reacts to the characteristics of the host countries. The analysis is based on a dataset created specifically for this purpose. It concentrates on the manufacturing sectors, classified according to the Pavitt taxonomy. Firstly, data summarizing the recent trend of FDI in the CEECs is presented and then empirical evidence given to account for differences between sectors. The estimated model is a generalization of a three-way fixed effect model incorporating classic variables, such as labour costs as well as country-specific variables, i.e., the stage reached in the transition process. The results confirm the presence of heterogeneity at sector level.

Keywords: foreign direct investment, transition, Central and Eastern Europe, panel data

JEL Classification: F15, F23, P20, C23

Suggested Citation

Resmini, Laura, The Determinants of Foreign Direct Investment in the Ceecs New Evidence from Sectoral Patterns. Economics of Transition, Vol. 8, No. 3, November 2000 . Available at SSRN: https://ssrn.com/abstract=264813

Laura Resmini (Contact Author)

Bocconi University - Department of Economics ( email )

Via Gobbi 5
Milan, 20136
Italy

Here is the Coronavirus
related research on SSRN

Paper statistics

Abstract Views
1,299
PlumX Metrics