The effects of foreign direct investment on economic growth of Central and Eastern European countries.
| dc.contributor.advisor | Vaal, A. de | |
| dc.contributor.author | Miernik, Jakub | |
| dc.date.issued | 2016-08-25 | |
| dc.description.abstract | This thesis analyses the effects of FDI on GDP per capita growth rates of selected Central and Eastern European countries in the period 1994 – 2014. The literature on this subject provides mixed empirical evidence, while the environment of these countries is a suitable testing ground for FDI growth effects. These effects are likely to be positive, although depending on countries' absorptive capacities. The theoretical model of a cross-country growth regression forms a basis for an estimation using panel data and as a method, GLS with seemingly unrelated regression assumptions. The study finds a positive, direct impact of FDI inflows on economic growth as hypothesised, while the other hypothesis concerning the conditionality of this impact is not supported by evidence – what is found is a lack of dependence of FDI growth effect on openness and private credit amount and a negative dependence on market institutions’ quality. Size of panels and quality of the data are some of the limitations of this study and further research directions are outlined. | en_US |
| dc.identifier.uri | http://hdl.handle.net/123456789/2380 | |
| dc.language.iso | en | en_US |
| dc.thesis.faculty | Faculteit der Managementwetenschappen | en_US |
| dc.thesis.specialisation | International Economics & business | en_US |
| dc.thesis.studyprogramme | Master Economics | en_US |
| dc.thesis.type | Master | en_US |
| dc.title | The effects of foreign direct investment on economic growth of Central and Eastern European countries. | en_US |
Files
Original bundle
1 - 1 of 1
Loading...
- Name:
- 16.057 MTHEC_RU_Jakub_Miernik_s4635655.pdf
- Size:
- 1.68 MB
- Format:
- Adobe Portable Document Format