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European Union Investment in the Baltic States: Comparative Analysis

Author

Listed:
  • Endriukaitienė Janina

    (Lecturer at Kaunas University of Applied Sciences, Lithuania)

  • Linkevičiūtė Vilma

    (Associate Professor at Kaunas University of Applied Sciences, Lithuania)

  • Makutėnas Valdemaras

    (Associate Professor at Kaunas University of Applied Sciences, Lithuania)

  • Paliulienė Lina

    (Lecturer at Kaunas University of Applied Sciences, Lithuania)

Abstract

The article analyses determinants of foreign investment based on EU Cohesion Policy instruments. The research problem outlines the determinants of attracting EU investment in the Baltic states. The aim of this article is to compare EU investment in the Baltic states. SPSS software has been used for statistical surveys. The model of multiple progression has been developed for identifying the influence of investment environment factors on EU investment in the Baltic states. This methodology may be applied in the countries that seek to attract EU investment. The research has found that the market size, average salary and tax burden have a major influence on EU investment.

Suggested Citation

  • Endriukaitienė Janina & Linkevičiūtė Vilma & Makutėnas Valdemaras & Paliulienė Lina, 2022. "European Union Investment in the Baltic States: Comparative Analysis," Management Theory and Studies for Rural Business and Infrastructure Development, Sciendo, vol. 44(1), pages 1-12, March.
    • Handle: RePEc:vrs:mtrbid:v:44:y:2022:i:1:p:1-12:n:4
    DOI: 10.15544/mts.2022.01
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    References listed on IDEAS

    as
    1. Campos, Nauro F. & Kinoshita, Yuko, 2008. "Foreign Direct Investment and Structural Reforms: Evidence from Eastern Europe and Latin America," IZA Discussion Papers 3332, Institute of Labor Economics (IZA).
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    3. Roghieh Gholami & Sang‐Yong Tom Lee & Almas Heshmati, 2006. "The Causal Relationship Between Information and Communication Technology and Foreign Direct Investment," The World Economy, Wiley Blackwell, vol. 29(1), pages 43-62, January.
    4. Bruce Blonigen, 2005. "A Review of the Empirical Literature on FDI Determinants," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 33(4), pages 383-403, December.
    5. Adiya Belgibayeva & Alexander Plekhanov, 2019. "Does corruption matter for sources of foreign direct investment?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 155(3), pages 487-510, August.
    6. Peter Egger & Doina Maria Radulescu, 2011. "Labor Taxation and Foreign Direct Investment," Scandinavian Journal of Economics, Wiley Blackwell, vol. 113(3), pages 603-636, September.
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    More about this item

    Keywords

    The Cohesion Fund; foreign investment; EU investment; macroeconomic determinants; investment environment;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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