The Role of Foreign Direct Investment in the Economy

Contents

Chapter I

References

Chapter II

Introduction

2. Literature Review

2.1. Transmission channels between FSFDI and economic growth

2.2 Signals of Foreign Bank Entry

3. Analysis of Bulgaria and Croatia

3.1. Facts about the financial sector and FDI

3.2. Statistical Analyses

4. Conclusion

5. Agenda for further research

References

APPENDIX

Chapter III

Introduction

2. The role of institutional quality for international integration and competitiveness

3 Econometric Methodology

3.1 The specification

3.2 Data

4 Results

4.1 Gravity regressions

4.2 Robustness

5 Conclusions

References

Chapter IV

Introduction

1.1 The Economic Shifts Worldwide

1.2 Major Economic Data Revealing the Shift from the West to the East

1.3 Other Factors

2.1 Eurasian Railways and Economic Significance

Concluding Remarks

References

Chapter V

Introduction

2. Literature Review

3. Data and Descriptive Statistics

3.1 Data Sources and Variable Definitions

3.2. Descriptive Statistics

4. Methodology and Results

4.1. FGLS estimation

5. Conclusion

References

Appendix: Transition Countries in the sample

Chapter VI

Introduction

2. Foreign direct investment inflows to CEE countries

3. FDI productivity spillovers in local firms

4. Data description and analysis of foreign presence in the manufacturing sector

5. Estimation strategy

6. Estimation results

7. Conclusions

References

Chapter VII

Introduction

2. FDI, technology transfer and innovation: an interface

3. Knowledge creation by foreign-owned firms in Poland

4. Inflow of knowledge from abroad: assessment based on patent statistics

5. The impact of FDI on innovation in Poland: a regression analysis

6. Conclusions

References

Chapter VIII

Introduction

2. FDI evolution in Romania

3. The role of FDI in the manufacturing sector

4. Case study: FDI impact on human resources in the manufacturing sector

4.1 Result analyses and interpretation

5. Investment priorities and factors that influence FDI

5.1. Phase 2 - Interviews

6. Conclusions and recommendations

7. Future research

References

Chapter IX

Introduction

2. Structural characteristics of globalization

2.1 Foreign direct investment

3. International division of labor

3.1. International context

3.2. The structure and competitiveness of foreign trade

3.3. Quality of trade structure

4. Internationalization of research and development

4.1. International context

4.2. Fragmentation of multinational value chain

4.3 Foreign investment in knowledge-intensive activities

4.4 Knowledge-intensive activities of foreign companies

5. Conclusions

References

Chapter X

Introduction

2. Overview of FDI theories concerning technology transfer and diffusion35

2.1 Monopolistic advantages theory (S.H. Hymer)

2.2 International product life cycle theory (R. Vernon)

2.3 FDI internationalization theory

2.4 Localisation factors theory

2.5 “Eclectic” theory of international production (Eclectic foreign investment the-ory) (J.H. Dunning)

2.6 Comparative advantages theory (K. Kojima)

3. FDI – a channel of technology transfer

3.1 Classification of spillover effects

4. Measuring spillovers from FDI – methodology review and the results of the chosen empirical research

5. Research conducted for Poland – chosen examples

6. Conclusions for further research

References