journal article Jan 01, 2005

Re‐entering Europe: Does European Union candidacy boost foreign direct investment?

Economics of Transition Vol. 13 No. 1 pp. 77-103 · Wiley
View at Publisher Save 10.1111/j.1468-0351.2005.00208.x
Abstract
AbstractThis study examines the ability of the Central and Eastern European countries to attract foreign direct investment during the first decade of transition. After considering a model of profit maximizing firms, we undertake an empirical investigation of the factors that determine multinational firms’ location decisions within Europe. We find empirical support for the traditional market size and cost factors. In addition, we examine the effect of key European Union announcements regarding the accession process. Results indicate that the announcements had statistically significant and quantitatively important effects on foreign direct investment in the Central and Eastern European candidate countries.
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Cited By
52
Post-Communist Economies
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Citations
38
References
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Published
Jan 01, 2005
Vol/Issue
13(1)
Pages
77-103
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Cite This Article
Kimberly A. Clausing, Cosmina L. Dorobantu (2005). Re‐entering Europe: Does European Union candidacy boost foreign direct investment?. Economics of Transition, 13(1), 77-103. https://doi.org/10.1111/j.1468-0351.2005.00208.x
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