Detail publikace

Determinants of FDI in Czech Manufacturing Industries between 2000-2006

Autor: Mgr. Eva Michalíková ,
Typ: IES Working Papers
Rok: 2009
Číslo: 17
ISSN / ISBN:
Publikováno v: IES Working Papers 17/2009
Místo vydání: Prague
Klíčová slova: Foreign direct investment, Czech Republic, manufacturing industry, panel data, GMM
JEL kódy: C01, C23, C51, C82, F21, F40
Citace: Ryšavá E., Gaelotti, E. (2009). “ Determinants of FDI in Czech Manufacturing Industries between 2000-2006 ” IES Working Paper 17/2009. IES FSV. Charles University.
Abstrakt: The Czech Republic has been a successful recipient of foreign direct investment over recent years. Therefore, it is important to understand the decisions made by foreign investors where to place their investments and how to decide about their location between alternative industries. The aim of this paper is to _nd and estimate an econometric model describing the determinants of foreign direct investment (FDI) in manufacturing industry of the CR between 2000-2006. Our model includes several basic economic variables (for example labor, physical capital, R&D, pro_ts per labor. Together with simple techniques of estimation (OLS, _xed e_ects) we used generalized method of moments (GMM). As an additional technique we used also least trimmed squares estimator (LTS) as a diagnostic tool for the heterogeneous pattern of data.
Ke stažení: WP 2009_17_Rysava, Galeotti

Partneři

ČSOB
Deloitte
McKinsey & Company

Sponzoři

CRIF
EY