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Panel Data Analysis Of The Impact Of Economic And Institutional Factors Upon The Fdi Inflow In See Countries

Author

Listed:
  • Elena Makrevska Disoska

    (Cyril and Methodius University in Skopje, Faculty of Economics, Skopje, Republic of Macedonia)

  • Katerina Toshevska-Trpchevska

    (Cyril and Methodius University in Skopje, Faculty of Economics, Skopje, Republic of Macedonia)

  • Irena Kikerkova

    (Cyril and Methodius University in Skopje, Faculty of Economics, Skopje, Republic of Macedonia)

  • Elena Naumovska

    (Cyril and Methodius University in Skopje, Faculty of Economics, Skopje, Republic of Macedonia)

Abstract

The panel data analysis presented in this paper focuses on the impact of economic and institutional factors upon the attractiveness of the economies of South- East Europe (SEE): Albania, Bosnia and Herzegovina, Bulgaria, Macedonia, Montenegro, Romania, Serbia, Kosovo and Croatia for foreign direct investment (FDI). The analysis was done for a period of twenty years (1995-2015) in order to examine which determinants are significant for increased FDI inflow in the SEE countries on a basis of a holistic approach using multiple regressions. Taking into account both economic and institutional variables, the results of the analysis indicate both of them to be significant for attracting FDI.

Suggested Citation

  • Elena Makrevska Disoska & Katerina Toshevska-Trpchevska & Irena Kikerkova & Elena Naumovska, "undated". "Panel Data Analysis Of The Impact Of Economic And Institutional Factors Upon The Fdi Inflow In See Countries," Review of Socio - Economic Perspectives 201824, Reviewsep.
    • Handle: RePEc:aly:journl:201824
    DOI: https://doi.org/10.19275/RSEP048
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    References listed on IDEAS

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    More about this item

    Keywords

    foreign direct investment; South-East Europe; CEFTA-2006; panel data analysis; economic factors; institutional factors;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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