2d SCED Manuscript Revisions_2 17Jan2017.pdf (408.98 kB)
Foreign direct investment in the eastern European countries: determinants and performance
journal contribution
posted on 2017-07-20, 10:10 authored by Marie M. Stack, Geetha Ravishankar, Eric PentecostEric PentecostThis paper assesses the determinants, changing nature and the performance of foreign direct investment (FDI) in the eastern European countries within the knowledge capital (KK) model framework. The findings from a panel of bilateral FDI stocks from 10 western European countries to 10 eastern European countries over the years 1996–2007 indicate the presence of both vertical and horizontal motives of FDI with a shift over time towards the latter. In identifying the efficiency of FDI integration relative to maximum potential levels, the stochastic frontier specification of the KK model indicates a mixed degree of FDI performance.
History
School
- Business and Economics
Department
- Economics
Published in
Structural Change and Economic DynamicsVolume
41Pages
86 - 97Citation
STACK, M.M., RAVISHANKAR, G. and PENTECOST, E.J., 2017. Foreign direct investment in the eastern European countries: determinants and performance. Structural Change and Economic Dynamics, 41, pp. 86-97.Publisher
© ElsevierVersion
- AM (Accepted Manuscript)
Publisher statement
This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/Acceptance date
2017-04-23Publication date
2017Notes
This paper was accepted for publication in the journal Structural Change and Economic Dynamics and the definitive published version is available at http://dx.doi.org/10.1016/j.strueco.2017.04.005ISSN
0954-349XPublisher version
Language
- en