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

Kimberly A. Clausing; Cosmina L. Dorobantu

doi:10.1111/j.1468-0351.2005.00208.x

journal article Jan 01, 2005

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

Kimberly A. Clausing Cosmina L. Dorobantu

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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Metrics

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Citations

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References

Details

Published: Jan 01, 2005
Vol/Issue: 13(1)
Pages: 77-103
License: View

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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

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

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