Foreign Direct Investment Attractiveness of Central, Eastern, and Southeastern European Countries: The Importance of Policy-Related Location Advantages
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引用次数: 2
Abstract
The paper aims to enhance the discussion about foreign direct investment (FDI) attractiveness of Central, Eastern, and Southeastern European (CESEE) countries, by focusing on those location determinants of FDI which fall within the scope of public policy. First, we summarize the literature on location advantages. Second, some general trends in FDI inflows to the CESEE region are outlined. Third, based on data for 15 CESEE countries in 2013 and 2017, we build a composite index, which allows us to rank countries in terms of their FDI attractiveness, as well as its most important policy-related dimensions, such as institutional framework, infrastructure endowment, labor force quality, and cost competitiveness. In addition to allowing comparison between economies across these dimensions, the Svilena Mihaylova University of Economics – Varna, Bulgaria s.mihaylova@ue-varna.bg CroEconSur Vol. 22 No. 1 June 2020 pp. 65-101 Received: December 13, 2019 Accepted: May 5, 2020 Research Article doi:10.15179/ces.22.1.3
本文旨在加强对中欧、东欧和东南欧(CESEE)国家外国直接投资(FDI)吸引力的讨论，重点关注那些属于公共政策范围的外商直接投资的区位决定因素。首先，我们对区位优势的相关文献进行了综述。第二，概述了流入CESEE区域的外国直接投资的一些一般趋势。第三，基于15个CESEE国家2013年和2017年的数据，我们构建了一个综合指数，该指数使我们能够根据各国的FDI吸引力以及最重要的政策相关维度(如制度框架、基础设施禀赋、劳动力素质和成本竞争力)对各国进行排名。除了允许在这些维度上对经济体进行比较之外，保加利亚瓦尔纳斯维莱娜米哈伊洛娃经济大学s.mihaylova@ue-varna.bg CroEconSur Vol. 22 No. 1 June 2020 pp. 65-101收稿日期:2019年12月13日收稿日期:2020年5月5日研究文章doi:10.15179/ces.22.1.3
期刊介绍：
The journal Croatian Economic Survey is a Diamond Open Access journal defined by the following characteristics: -Peer review: the article goes through the journal''s process of a double-blind peer review. -Public access: both the author and the public have immediate access to the final, published version of the article. -Funding model: both the author and the public pay no fee to the journal. The journal is financially supported by the Ministry of Science and Education of the Republic of Croatia. Croatian Economic Survey is an English-language, peer-reviewed scholarly journal published by the Institute of Economics, Zagreb in Croatia and financed by the Croatian Ministry of Science and Education. The journal aims to serve as a forum for academics and practitioners by publishing high-quality research papers on topics in all areas of economics. Special focus is given to post-socialist Europe. Comparative studies are especially encouraged, since these countries share a similar socio-economic background and comparative studies offer a valuable source of insight for policy formulation as well as a basis for competitive benchmarking. The journal welcomes empirical and policy-oriented papers relevant to a broader international audience. Contributions need not be limited solely to economics; submissions from other related disciplines are encouraged.
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