Foreign direct investment in central Europe:: Does it crowd in or out domestic investment?

被引:0
|
作者
Misun, J [1 ]
Tomsík, V [1 ]
机构
[1] NEWTON Holding AS, CZ-11000 Prague 1, Czech Republic
关键词
investment; foreign direct investment; investment incentives; crowding in effect; crowding out effect;
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 tried 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 an evidence of crowding out effect in Poland. In Hungary we found a crowding in effect for the time period 1990 - 2000 as well as for the Czech Republic for the time period 1993 - 2000.
引用
收藏
页码:251 / 261
页数:11
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