How Tax, Labor Market and Product Markets Reforms Influence Foreign Direct Investment
Autor: | Mgr. Stanislava Tydlačková |
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Rok: | 2012 - letní |
Vedoucí: | PhDr. Pavel Vacek Ph.D. |
Konzultant: | |
Typ práce: | Diplomová Ekonomická teorie |
Jazyk: | Anglicky |
Stránky: | 59 |
Ocenění: | |
Odkaz: | |
Abstrakt: | This work analyses industry level Foreign Direct Investment (FDI) in ows in order to find out if their determinants are the same for all industries or if they differ and how. The second important question is if various qualitative variables as labour market or product market liberalization or taxation determines ows to individual industries. I analyse seven industries by System GMM model for period from 1994 till 2009. The results suggests that in ows to each industry are driven by distinct set of determinants. While there are nearly non-significant determinants for agriculture among explanatory variables I used, there is many of them signicant for services. Concerning qualitative variables, labour market liberalization in uence FDI in ows to manufacturing and mining, product market liberalization in uence in ows to transportation and electricity, gas and water industry. The level of taxation seem to be significant determinant of FDI in ows to manufacturing. |