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Regional Determinants Of Foreign Direct Investments In Romania. A Spatial Error Model

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  • Zizi Goschin

    (Institute of National Economy, Romanian Academy,)

Abstract

Considering the well documented significance of investments for the regional economic development, this paper explores the underlying factors that drive FDIs’ behaviour in Romania, at county level, in the year 2014. The empirical analysis employed a variety of statistical methods, focusing on the detection of the potential spatial dependence among counties and subsequent use of spatial econometric models able to account for such autocorrelation. The analysis revealed that well developed counties, having large innovative potential, stronger entrepreneurial spirit, better human capital and a higher degree of specialization are the most attractive locations for new foreign direct investments.

Suggested Citation

  • Zizi Goschin, 2017. "Regional Determinants Of Foreign Direct Investments In Romania. A Spatial Error Model," Management Strategies Journal, Constantin Brancoveanu University, vol. 35(1), pages 355-364.
    • Handle: RePEc:brc:journl:v:35:y:2017:i:1:p:355-364
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    References listed on IDEAS

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    Cited by:

    1. Samakhavets Maryia & Hrechyshkina Olena, 2020. "Main characteristics of the foreign investment development of Belarus," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 48(48), pages 129-139, June.

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    More about this item

    Keywords

    FDI determinants; spatial model; county; Romania;
    All these keywords.

    JEL classification:

    • R19 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Other
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers

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