Publication:
Institutional Determinants Of Sectoral FDI In Eastern European And Central Asian Countries : The Role Of Investment Climate And Democracy

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dc.contributor.authorDoytch, Nadia
dc.contributor.authorEren, Mesut
dc.date.accessioned2016-09-20T08:35:04Z
dc.date.available2016-09-20T08:35:04Z
dc.date.issued2012-12
dc.description.abstractWe study the determinants of the sectoral distribution of foreign direct investment (FDI) in Eastern Europe and Central Asia, focusing on the investment climate and state of democracy. Using a dynamic system generalized method of moments estimator, we examine twenty-one countries for the period 1994-2008. We find that when human capital is controlled for, the host country investment profile has a positive effect on agricultural FDI and the host country state of democracy positively affects agricultural and manufacturing FDI. In addition, services FDI is attracted by educated labor, whereas FDI to other sectors is attracted by cheap labor. Moreover, natural resource endowments have a positive impact on FDI in the sectors of agriculture and manufacturing.tr_TR
dc.identifier.issn1540-496X
dc.identifier.urihttp://hdl.handle.net/11413/1473
dc.identifier.wos000314508500003
dc.identifier.wos314508500003en
dc.language.isoen_UStr_TR
dc.publisherM E Sharpe Inc, 80 Business Park Dr, Armonk, Ny 10504 Usatr_TR
dc.relationEmerging Markets Finance And Tradetr_TR
dc.subjectDemocratic Accountabilitytr_TR
dc.subjectInstitutional Determinantstr_TR
dc.subjectInvestment Profiletr_TR
dc.subjectSectoral FDItr_TR
dc.subjectForeign Direct-investmenttr_TR
dc.subjectReal Exchange-ratetr_TR
dc.subjectUnited-Statestr_TR
dc.subjectTax Policytr_TR
dc.subjectPanel-Datatr_TR
dc.subjectCorruptiontr_TR
dc.subjectRatestr_TR
dc.subjectGovernancetr_TR
dc.subjectPatternstr_TR
dc.subjectDecisiontr_TR
dc.subjectDemokratik Hesaptr_TR
dc.subjectKurumsal Belirleyicileritr_TR
dc.subjectYatırım Profilitr_TR
dc.subjectSektörel DYYtr_TR
dc.subjectDoğrudan Yabancı Yatırımtr_TR
dc.subjectReel Döviz Kurutr_TR
dc.subjectBirleşik Devletleritr_TR
dc.subjectVergi Politikasıtr_TR
dc.subjectPanel Verisitr_TR
dc.subjectRüşvettr_TR
dc.subjectOranlartr_TR
dc.subjectYönetimtr_TR
dc.subjectDesenlertr_TR
dc.subjectKarartr_TR
dc.titleInstitutional Determinants Of Sectoral FDI In Eastern European And Central Asian Countries : The Role Of Investment Climate And Democracytr_TR
dc.typeArticle
dspace.entity.typePublication
local.indexed.atwos

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