Net Foreign Direct Investment Development Path of the EU Member States

The main objective of this research was to investigate the relationship between net foreign direct investment outflow and economic development on a sample of the European Union (EU) Member States and the Republic of Croatia which is soon to become a full member of the EU. The main hypothesis was tha...

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Main Author: Sanja Franc
Format: Article
Language:English
Published: Faculty of Economics and Business in Osijek 2013-07-01
Series:Ekonomski Vjesnik
Subjects:
Online Access:http://hrcak.srce.hr/file/159017
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author Sanja Franc
author_facet Sanja Franc
author_sort Sanja Franc
collection DOAJ
description The main objective of this research was to investigate the relationship between net foreign direct investment outflow and economic development on a sample of the European Union (EU) Member States and the Republic of Croatia which is soon to become a full member of the EU. The main hypothesis was that EU Member States are heterogeneous and at various stages of foreign direct investment development path. The research included five independent variables to determine an approximate level of economic development: “GDP per capita”, “FDI inflows per capita”, “exports”, “number of Internet users”, and “number of enrolments in tertiary education”. The results of the empirical analysis have confirmed the assumptions behind Dunning’s model of investment development path that there is a relationship between net foreign direct investment outflow and economic development, thus confirming the main hypothesis that the EU Member States are heterogeneous and that they are at different stages of foreign direct investment development path.
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spelling doaj.art-c7b08474569f4e96a273d1b08a43e11f2024-02-02T20:40:02ZengFaculty of Economics and Business in OsijekEkonomski Vjesnik0353-359X1847-22062013-07-01XXVI13838Net Foreign Direct Investment Development Path of the EU Member StatesSanja Franc0Faculty of Economics of University in ZagrebThe main objective of this research was to investigate the relationship between net foreign direct investment outflow and economic development on a sample of the European Union (EU) Member States and the Republic of Croatia which is soon to become a full member of the EU. The main hypothesis was that EU Member States are heterogeneous and at various stages of foreign direct investment development path. The research included five independent variables to determine an approximate level of economic development: “GDP per capita”, “FDI inflows per capita”, “exports”, “number of Internet users”, and “number of enrolments in tertiary education”. The results of the empirical analysis have confirmed the assumptions behind Dunning’s model of investment development path that there is a relationship between net foreign direct investment outflow and economic development, thus confirming the main hypothesis that the EU Member States are heterogeneous and that they are at different stages of foreign direct investment development path.http://hrcak.srce.hr/file/159017development pathforeign investmentsEUoutflows
spellingShingle Sanja Franc
Net Foreign Direct Investment Development Path of the EU Member States
Ekonomski Vjesnik
development path
foreign investments
EU
outflows
title Net Foreign Direct Investment Development Path of the EU Member States
title_full Net Foreign Direct Investment Development Path of the EU Member States
title_fullStr Net Foreign Direct Investment Development Path of the EU Member States
title_full_unstemmed Net Foreign Direct Investment Development Path of the EU Member States
title_short Net Foreign Direct Investment Development Path of the EU Member States
title_sort net foreign direct investment development path of the eu member states
topic development path
foreign investments
EU
outflows
url http://hrcak.srce.hr/file/159017
work_keys_str_mv AT sanjafranc netforeigndirectinvestmentdevelopmentpathoftheeumemberstates