Does a country’s business regulatory environment affect its attractiveness to FDI? Empirical evidence from Central and Southeast European countries

Does a country’s business regulatory environment affect its attractiveness to FDI? Empirical evidence from Central and Southeast European countries

The paper squarely concentrates on an examination of the relationship between a country’s business regulatory environment and the inward stock of foreign direct investment (FDI) in fifteen selected countries of Central Eastern and Southeast Europe by using a Mean Group (MG) estimator. The paper foun...

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Bibliographic Details
Main Authors: Mehmed GANIĆ, Mahir HRNJIC
Format: Article
Language:English
Published: Alexandru Ioan Cuza University of Iasi 2019-12-01
Series:Eastern Journal of European Studies
Subjects:
business regulatory environment
fdi
transition countries
mean group (mg) estimator
the oli paradigm
Online Access:http://ejes.uaic.ro/articles/EJES2019_1002_GAN.pdf
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spelling doaj-d1a8f8ee96b643ff88ab70f9a6a650112020-11-25T02:52:09ZengAlexandru Ioan Cuza University of IasiEastern Journal of European Studies2068-651X2068-66332019-12-0110289105Does a country’s business regulatory environment affect its attractiveness to FDI? Empirical evidence from Central and Southeast European countries Mehmed GANIĆ0Mahir HRNJIC1International University of Sarajevo, Bosnia and HerzegovinaInternational University of Sarajevo, Bosnia and HerzegovinaThe paper squarely concentrates on an examination of the relationship between a country’s business regulatory environment and the inward stock of foreign direct investment (FDI) in fifteen selected countries of Central Eastern and Southeast Europe by using a Mean Group (MG) estimator. The paper found no evidence that a country’s business regulatory environment is a statistically significant predictor of FDI neither in Central Eastern European nor in Southeast European countries. However, the study’s findings recommend that a further increase in FDI in both regions can be achieved by further economic growth, political stability, European Union integration and reduction costs of business regulations. http://ejes.uaic.ro/articles/EJES2019_1002_GAN.pdfbusiness regulatory environmentfditransition countriesmean group (mg) estimatorthe oli paradigm
collection DOAJ
language English
format Article
sources DOAJ
author Mehmed GANIĆ
Mahir HRNJIC
spellingShingle Mehmed GANIĆ
Mahir HRNJIC
Does a country’s business regulatory environment affect its attractiveness to FDI? Empirical evidence from Central and Southeast European countries
Eastern Journal of European Studies
business regulatory environment
fdi
transition countries
mean group (mg) estimator
the oli paradigm
author_facet Mehmed GANIĆ
Mahir HRNJIC
author_sort Mehmed GANIĆ
title Does a country’s business regulatory environment affect its attractiveness to FDI? Empirical evidence from Central and Southeast European countries
title_short Does a country’s business regulatory environment affect its attractiveness to FDI? Empirical evidence from Central and Southeast European countries
title_full Does a country’s business regulatory environment affect its attractiveness to FDI? Empirical evidence from Central and Southeast European countries
title_fullStr Does a country’s business regulatory environment affect its attractiveness to FDI? Empirical evidence from Central and Southeast European countries
title_full_unstemmed Does a country’s business regulatory environment affect its attractiveness to FDI? Empirical evidence from Central and Southeast European countries
title_sort does a country’s business regulatory environment affect its attractiveness to fdi? empirical evidence from central and southeast european countries
publisher Alexandru Ioan Cuza University of Iasi
series Eastern Journal of European Studies
issn 2068-651X
2068-6633
publishDate 2019-12-01
description The paper squarely concentrates on an examination of the relationship between a country’s business regulatory environment and the inward stock of foreign direct investment (FDI) in fifteen selected countries of Central Eastern and Southeast Europe by using a Mean Group (MG) estimator. The paper found no evidence that a country’s business regulatory environment is a statistically significant predictor of FDI neither in Central Eastern European nor in Southeast European countries. However, the study’s findings recommend that a further increase in FDI in both regions can be achieved by further economic growth, political stability, European Union integration and reduction costs of business regulations.
topic business regulatory environment
fdi
transition countries
mean group (mg) estimator
the oli paradigm
url http://ejes.uaic.ro/articles/EJES2019_1002_GAN.pdf
work_keys_str_mv AT mehmedganic doesacountrysbusinessregulatoryenvironmentaffectitsattractivenesstofdiempiricalevidencefromcentralandsoutheasteuropeancountries
AT mahirhrnjic doesacountrysbusinessregulatoryenvironmentaffectitsattractivenesstofdiempiricalevidencefromcentralandsoutheasteuropeancountries
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