Intra-EU Direct Investment and Enlargement

This paper examines the determinants of the intra-EU direct investment (IDI) into the New Member States (NMS) using a panel dataset of bilateral capital flows for the period 1993-2013. It is found out by using a simple gravity model that EU membership is the most important determinant. Unlike previo...

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Bibliographic Details
Main Author: Festa Andrea
Format: Article
Language:English
Published: Sciendo 2015-03-01
Series:Review of Economic Perspectives
Subjects:
Online Access:https://doi.org/10.1515/revecp-2015-0009