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The Determinants and Macroeconomic Impacts of Foreign Direct Investment in Transition Economies
| Content Provider | Semantic Scholar |
|---|---|
| Author | Iwasaki, Ichiro Tokunaga, Masahiro |
| Copyright Year | 2019 |
| Abstract | In this paper, we perform a meta-analysis of foreign direct investment in transition economies. The first part examines how transition-specific factors affect FDI in CEE and FSU countries. The latter part explores how large is the impact of FDI on macroeconomic growth in the region. The results of meta-analysis revealed that empirical results reported in previous studies present the close relationship between the progress in transition to a market economy and FDI and a positive effect of FDI on macroeconomic growth in the literature as a whole; this suggests that, in transition economies, the success of transformation towards a marketoriented system and foreign capital flow has created a kind of virtuous cycle. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://hermes-ir.lib.hit-u.ac.jp/rs/bitstream/10086/30787/1/wp2019-8.pdf |
| Alternate Webpage(s) | https://hermes-ir.lib.hit-u.ac.jp/rs/bitstream/10086/30787/1/wp2019-8.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
