Does foreign direct investment crowd in or crowd out domestic investment?

被引:9
|
作者
Misun, J [1 ]
Tomsík, V [1 ]
机构
[1] Newton Holding AS, Newton Res Dept, Prague, Czech Republic
关键词
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
In this article, we attempt to estimate whether foreign direct investment in the Czech Republic, Hungary, and Poland crowds in or crowds out domestic investment. We used a model of total investment that introduced, from the point of view of the recipient country, foreign direct investment as an exogenous variable. We found that for the time period 1990-2000 there was evidence of a crowding-out effect in Poland. For the time period 19902000 in Hungary and for the time period 1993-2000 in the Czech Republic, we found a crowding-in effect.
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收藏
页码:38 / 56
页数:19
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