Foreign direct investment in the eastern European countries: determinants and performance

Stack, MM ORCID: https://orcid.org/0000-0002-9213-7607, Ravishankar, G ORCID: https://orcid.org/0000-0002-9281-7207 and Pentecost, E, 2017. Foreign direct investment in the eastern European countries: determinants and performance. Structural Change and Economic Dynamics, 41, pp. 86-97. ISSN 0954-349X

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Abstract

This 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.

Item Type:	Journal article
Publication Title:	Structural Change and Economic Dynamics
Creators:	Stack, M.M., Ravishankar, G. and Pentecost, E.
Publisher:	Elsevier
Date:	June 2017
Volume:	41
ISSN:	0954-349X
Identifiers:	Number Type 10.1016/j.strueco.2017.04.005 DOI
Divisions:	Schools > Nottingham Business School
Record created by:	Jonathan Gallacher
Date Added:	21 Jul 2017 10:01
Last Modified:	28 Oct 2018 03:00
URI:	https://irep.ntu.ac.uk/id/eprint/31275

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