IDEAS home Printed from https://ideas.repec.org/a/vrs/bjrecm/v6y2018i1p240-252n18.html
   My bibliography  Save this article

Foreign Direct Investment and Special Economic Zones in Latvia

Author

Listed:
  • Gulbis Ivo

    (Riga Technical University,Riga, Latvia)

Abstract

The paper aims at providing insight into the effectiveness of Latvian special economic zones (SEZ) as a tool to attract foreign direct investment (FDI). The goal is accomplished through the statistical analysis of relevant data and the comparison with international examples to establish a point of reference. Countries of comparison are chosen by merit, in the form of widely acknowledged success stories regarding SEZ policy, and relative statistical similarity. The wider the pool of examples, the more conclusions can be drawn about the effectiveness of SEZ in various metrics. Based on the results, Latvian special economic zones have significantly underperformed when compared to every single example on the list. Research has been approbated in the Riga Technical University 58th International Scientific Conference “Scientific Conference on Economics and Entrepreneurship” (SCEE’2017).

Suggested Citation

  • Gulbis Ivo, 2018. "Foreign Direct Investment and Special Economic Zones in Latvia," Baltic Journal of Real Estate Economics and Construction Management, Sciendo, vol. 6(1), pages 240-252, December.
    • Handle: RePEc:vrs:bjrecm:v:6:y:2018:i:1:p:240-252:n:18
    DOI: 10.2478/bjreecm-2018-0018
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/bjreecm-2018-0018
    Download Restriction: no
    File URL: https://libkey.io/10.2478/bjreecm-2018-0018?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ricardo Hausmann & Juan Obach & Miguel Angel Santos, 2016. "Special Economic Zones in Panama: Technology Spillovers from a Labor Market Perspective," Growth Lab Working Papers 86, Harvard's Growth Lab.
    2. Tomasz Dorożyński & Janusz Świerkocki & Wojciech Urbaniak, 2016. "The FDI Inflow to Special Economic Zones in Poland," Contemporary Studies in Economic and Financial Analysis, in: Contemporary Issues in Finance: Current Challenges from Across Europe, volume 98, pages 135-159, Emerald Group Publishing Limited.
    3. Douglas Zhihua Zeng, 2016. "Global Experiences of Special Economic Zones with Focus on China and Africa: Policy Insights," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 7(03), pages 1-27, October.
    4. Edward M. Graham, 2005. "Do Export Processing Zones Attract FDI and its Benefits? Experience from China and Lessons for Russia," Springer Books, in: Edward Graham & Nina Oding & Paul J.J. Welfens (ed.), Internationalization and Economic Policy Reforms in Transition Countries, chapter 0, pages 251-272, Springer.
    5. Dirk H M Akkermans, 2017. "Net profit flow per country from 1980 to 2009: The long-term effects of foreign direct investment," PLOS ONE, Public Library of Science, vol. 12(6), pages 1-28, June.
    6. Thomas Farole & Gokhan Akinci, 2011. "Special Economic Zones : Progress, Emerging Challenges, and Future Directions," World Bank Publications - Books, The World Bank Group, number 2341.
    7. Stack, Marie M. & Ravishankar, Geetha & Pentecost, Eric, 2017. "Foreign direct investment in the eastern European countries: Determinants and performance," Structural Change and Economic Dynamics, Elsevier, vol. 41(C), pages 86-97.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Shi, Buchao & Huang, Liangxiong & Wei, Shengmin & Geng, Xinyue, 2022. "Overseas industrial parks and China's outward foreign direct investment," Journal of Asian Economics, Elsevier, vol. 83(C).
    2. Susanne Frick & Andrés Rodríguez-Pose, . "Are special economic zones in emerging countries a catalyst for the growth of surrounding areas?," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    3. World Bank Group, 2017. "Special Economic Zones," World Bank Publications - Reports 29054, The World Bank Group.
    4. Guangwen Meng & Douglas Zhihua Zeng, . "Structural transformation through free trade zones: the case of Shanghai," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    5. Rubini, Lauretta & Pollio, Chiara & Spigarelli, Francesca & Lv, Ping, 2021. "Regional social context and FDI. An empirical investigation on Chinese acquisitions in Europe," Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 402-415.
    6. Venables, Anthony & Duranton, Gilles, 2018. "Place-Based Policies for Development," CEPR Discussion Papers 12889, C.E.P.R. Discussion Papers.
    7. Ronald B. Davies & Rodolphe Desbordes, 2018. "Export Processing Zones and the Composition of Greenfield FDI," Working Papers 201807, School of Economics, University College Dublin.
    8. repec:eur:ejesjr:377 is not listed on IDEAS
    9. Dirk H M Akkermans, 2017. "Net profit flow per country from 1980 to 2009: The long-term effects of foreign direct investment," PLOS ONE, Public Library of Science, vol. 12(6), pages 1-28, June.
    10. Coulibaly, Souleymane, 2012. "Rethinking the form and function of cities in post-Soviet countries," Policy Research Working Paper Series 6292, The World Bank.
    11. Andrzej Cieślik, 2020. "What attracts multinational enterprises from the new EU member states to Poland?," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 10(2), pages 253-269, June.
    12. Petr Janský & Miroslav Palanský, 2019. "Estimating the scale of profit shifting and tax revenue losses related to foreign direct investment," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 26(5), pages 1048-1103, October.
    13. Defever, Fabrice & Reyes, José-Daniel & Riaño, Alejandro & Varela, Gonzalo, 2020. "All these worlds are yours, except india: The effectiveness of cash subsidies to export in nepal," European Economic Review, Elsevier, vol. 128(C).
    14. Rosa Canelli & Riccardo Realfonzo & Francesco Zezza, 2022. "An empirical Stock‐Flow Consistent regional model of Campania," Papers in Regional Science, Wiley Blackwell, vol. 101(1), pages 209-257, February.
    15. Saira Naeem & Abdul Waheed & Muhammad Naeem Khan, 2020. "Drivers and Barriers for Successful Special Economic Zones (SEZs): Case of SEZs under China Pakistan Economic Corridor," Sustainability, MDPI, vol. 12(11), pages 1-18, June.
    16. Henglong Zhang & Houlin Song & Conglei Hou, 2023. "How Do Overseas Economic and Trade Cooperation Zones along the Belt and Road Affect the Economic Growth of Host Countries?," Sustainability, MDPI, vol. 15(4), pages 1-18, February.
    17. Louisiana Cavalcanti Teixeira, 2020. "Labor standards and social conditions in free trade zones: the case of the Manaus free trade zone," Post-Print hal-02997102, HAL.
    18. Marta Castilho & Marta Menéndez & Aude A. Sztulman, 2015. "Poverty and Inequality Dynamics in Manaus: Legacy of a Free Trade Zone?," Working Papers halshs-01245394, HAL.
    19. Galina Besstremyannaya & Sergei Golovan, 2019. "Reconsideration of a simple approach to quantile regression for panel data: a comment on the Canay (2011) fixed effects estimator," Working Papers w0249, Center for Economic and Financial Research (CEFIR).
    20. Karanfil, Fatih & Omgba, Luc Désiré, 2019. "Do the IMF’s structural adjustment programs help reduce energy consumption and carbon intensity? Evidence from developing countries," Structural Change and Economic Dynamics, Elsevier, vol. 49(C), pages 312-323.
    21. Aradhna Aggarwal, . "SEZs and economic transformation:towards a developmental approach," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:bjrecm:v:6:y:2018:i:1:p:240-252:n:18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.