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Exportation and Foreign Direct Investment in Visegrad Area : An Empirical Analysis

Author

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  • Nicolini, Rosella

    (UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Recherches Economiques et Sociales (IRES))

Abstract

The main object of this analysis is to emphasize, empirically, some determinants to exportations and foreign direct investments in Visegrad Area. The interest is to verify whether it is really possible to model location decisions in these countries with proper references already adopted in literature. For exportations, our results are quite similar to the predictions given, in general, by gravity models. However, we have different results for foreign direct investments. This analysis proves that investment decisions, towards Visegrad countries, are substantially influenced by specific (ad-hoc) variables for ex-socialist countries.

Suggested Citation

  • Nicolini, Rosella, 1997. "Exportation and Foreign Direct Investment in Visegrad Area : An Empirical Analysis," LIDAM Discussion Papers IRES 1997028, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    • Handle: RePEc:ctl:louvir:1997028
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    References listed on IDEAS

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    1. Mann, Catherine L, 1991. "Industry Restructuring in East-Central Europe: The Challenge and the Role for Foreign Investment," American Economic Review, American Economic Association, vol. 81(2), pages 181-184, May.
    2. Reinhilde Veugelers, 1991. "Locational Determinants and Ranking of Host Countries: An Empirical Assessment," Kyklos, Wiley Blackwell, vol. 44(3), pages 363-382, August.
    3. Aitken, Norman D, 1973. "The Effect of the EEC and EFTA on European Trade: A Temporal Cross-Section Analysis," American Economic Review, American Economic Association, vol. 63(5), pages 881-892, December.
    4. W Z Michalak, 1993. "Foreign Direct Investment and Joint Ventures in East-Central Europe: A Geographical Perspective," Environment and Planning A, , vol. 25(11), pages 1573-1591, November.
    5. repec:bla:kyklos:v:44:y:1991:i:3:p:363-82 is not listed on IDEAS
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    More about this item

    Keywords

    Bilateral trade; Direct Investment; Gravity Models; Locational determinants; Multinational firms;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco

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