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The determinants of foreign direct investment outflows from the European Union countries

Author

Listed:
  • Hakan Mıhcı

    (Hacettepe University)

  • Selim Çağatay

    (Akdeniz University and ERCMC)

  • Onur A. Koska

    (University of Würzburg)

Abstract

This paper employs a panel econometric model, and takes the horizontal and vertical FDI approach into account in the same empirical specification to scrutinize the determinants of FDI outflows from the selected EU countries at the industry level. We show that both cost related factors and potential demand are important and they mostly significantly affect FDI outflows from these selected EU countries.

Suggested Citation

  • Hakan Mıhcı & Selim Çağatay & Onur A. Koska, 2011. "The determinants of foreign direct investment outflows from the European Union countries," Economics Bulletin, AccessEcon, vol. 31(3), pages 2653-2666.
    • Handle: RePEc:ebl:ecbull:eb-10-00757
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Foreign Direct Investment; Environmental Sensitivity; European Union Countries.;
    All these keywords.

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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