Affiliation:
1. Alexandru Ioan Cuza University of Iași, Faculty of Economics and Business Administration, Carol I Boulevard, No 22, Iasi, Romania
Abstract
Abstract
The aim of this paper is to study the determinants of inward foreign direct investments (FDI) at a multi-regional and European level, while focusing on a series of macroeconomic factors, in the FDI receiving countries. Multiple regression analysis and ANOVA analysis of variance are applied. Findings show that the degree of economic freedom is a significant factor of multi-regional inward FDI during the period 2012-2015, but this effect is caused only fiscal freedom, government spending, monetary, trade, and financial freedom. For the more economically and politically stable European countries, the level of economic freedom does not influence their inward FDI. At the same time, market size and level of economic development of the host countries have a positive influence on FDI inflows, while financial markets development, workforce availability and adoption of the International Financial Reporting Standards (IFRS) are not significant determinants.
Publisher
Editura Universitatii Alexandru Ioan Cuza din Iasi
Reference51 articles.
1. 1. Aissat, Salim., Boulkeroua Lotfi, Lucas Mike and Carien van Mourik (2013), “Accounting Regulation and IFRS in Islamic Countries, (in: Carien van Mourik, Walton Peter-Ed., The Routledge Companion to Accounting, Reporting and Regulation, Routledge Handbooks Online, https://www.routledgehandbooks.com/doi/10.4324/9780203103203.ch25. [Accessed 1.09.2016]
2. 2. Alfaro, Laura (2016), “Gains from Foreign Direct Investment: Macro and Micro Approaches World Bank’s ABCDE Conference”, The World Bank Economic Review, pp. 1–14.
3. 3. Alguacil, Ma. Teresa, Cuadros Ana and Orts Vincente (2011),”Inward FDI and growth: The role of macroeconomic and institutional environment”, Journal of Policy Modeling, Vol. 33, Nr. 3, pp. 481–496.
4. 4. Asongu, A. Simplice and Kodila-Tedika Oasis (2015), “Conditional Determinants of FDI in Fast Emerging Economies: An Instrumental Quantile Regression Approach”, African Governance and Development Institute Working Paper No. 15/003.
5. 5. Aziz, Abdul and Makkawi Bilal (2012), “Relationship between Foreign Direct Investment and Country Population” International Journal of Business and Management, Vol. 7, Nr. 8, pp. 63-70.
Cited by
2 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献