Attracting foreign direct investment: the public policy scope for South East European countries
Based on earlier empirical literature for Central and Eastern European Countries this paper attempts to analyze the likely impact of changes in corporate income taxes, in the endowment with production-related material infrastructure and in the institutional environment on Foreign Direct Investment (...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Alexandru Ioan Cuza University of Iasi
2010-12-01
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| Series: | Eastern Journal of European Studies |
| Subjects: | |
| Online Access: | http://ejes.uaic.ro/articles/EJES2010_0102_BEL.pdf |
| _version_ | 1818993469754966016 |
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| author | Mario LIEBENSTEINER Markus LEIBRECHT Christian BELLAK |
| author_facet | Mario LIEBENSTEINER Markus LEIBRECHT Christian BELLAK |
| author_sort | Mario LIEBENSTEINER |
| collection | DOAJ |
| description | Based on earlier empirical literature for Central and Eastern European Countries this paper attempts to analyze the likely impact of changes in corporate income taxes, in the endowment with production-related material infrastructure and in the institutional environment on Foreign Direct Investment (FDI) – and thus on one channel of regional development in South Eastern European Countries (SEECs). Specifically, we explore the scope for public policy to attract FDI separated by these three policy areas and across the SEECs. Our findings suggest that the potential for SEECs to attract FDI upon changes in these policy areas varies not only substantially between the three policy areas but also within the group of SEECs. Yet, as a general picture, most SEECs have substantial scope to attract FDI by improving their institutional environment as well as their infrastructure endowment. The tax instrument, in contrast, is largely exhausted as a means to attract FDI. Based on these findings some medium- and long-term policy issues are outlined. |
| first_indexed | 2024-12-20T20:42:33Z |
| format | Article |
| id | doaj.art-ce4c33dd7d0c4a2aaba2289e278bccbd |
| institution | Directory Open Access Journal |
| issn | 2068-651X 2068-6633 |
| language | English |
| last_indexed | 2024-12-20T20:42:33Z |
| publishDate | 2010-12-01 |
| publisher | Alexandru Ioan Cuza University of Iasi |
| record_format | Article |
| series | Eastern Journal of European Studies |
| spelling | doaj.art-ce4c33dd7d0c4a2aaba2289e278bccbd2022-12-21T19:27:07ZengAlexandru Ioan Cuza University of IasiEastern Journal of European Studies2068-651X2068-66332010-12-01123753Attracting foreign direct investment: the public policy scope for South East European countriesMario LIEBENSTEINERMarkus LEIBRECHTChristian BELLAKBased on earlier empirical literature for Central and Eastern European Countries this paper attempts to analyze the likely impact of changes in corporate income taxes, in the endowment with production-related material infrastructure and in the institutional environment on Foreign Direct Investment (FDI) – and thus on one channel of regional development in South Eastern European Countries (SEECs). Specifically, we explore the scope for public policy to attract FDI separated by these three policy areas and across the SEECs. Our findings suggest that the potential for SEECs to attract FDI upon changes in these policy areas varies not only substantially between the three policy areas but also within the group of SEECs. Yet, as a general picture, most SEECs have substantial scope to attract FDI by improving their institutional environment as well as their infrastructure endowment. The tax instrument, in contrast, is largely exhausted as a means to attract FDI. Based on these findings some medium- and long-term policy issues are outlined.http://ejes.uaic.ro/articles/EJES2010_0102_BEL.pdfforeign direct investmenttaxesinfrastructureinstitutionsSouth Eastern European countries |
| spellingShingle | Mario LIEBENSTEINER Markus LEIBRECHT Christian BELLAK Attracting foreign direct investment: the public policy scope for South East European countries Eastern Journal of European Studies foreign direct investment taxes infrastructure institutions South Eastern European countries |
| title | Attracting foreign direct investment: the public policy scope for South East European countries |
| title_full | Attracting foreign direct investment: the public policy scope for South East European countries |
| title_fullStr | Attracting foreign direct investment: the public policy scope for South East European countries |
| title_full_unstemmed | Attracting foreign direct investment: the public policy scope for South East European countries |
| title_short | Attracting foreign direct investment: the public policy scope for South East European countries |
| title_sort | attracting foreign direct investment the public policy scope for south east european countries |
| topic | foreign direct investment taxes infrastructure institutions South Eastern European countries |
| url | http://ejes.uaic.ro/articles/EJES2010_0102_BEL.pdf |
| work_keys_str_mv | AT marioliebensteiner attractingforeigndirectinvestmentthepublicpolicyscopeforsoutheasteuropeancountries AT markusleibrecht attractingforeigndirectinvestmentthepublicpolicyscopeforsoutheasteuropeancountries AT christianbellak attractingforeigndirectinvestmentthepublicpolicyscopeforsoutheasteuropeancountries |