期刊名称:Equilibrium. Quarterly Journal of Economics and Economic Policy
印刷版ISSN:1689-765X
电子版ISSN:2353-3293
出版年度:2016
卷号:11
期号:1
页码:97-119
DOI:10.12775/EQUIL.2016.005
语种:English
出版社:Institute of Economic Research
摘要:The aim of this work was to present the similarities between the compo nents of competitiveness and investment attractiveness as two complementary cat_x005f?egories, and to show the role of new locational advantages in determining the level of investment attractiveness of a country. Another objective of this paper was to provide a comparative analysis of Central and Eastern European countries in terms of their investment attractiveness. Thus this paper was organized as follows: the first part of the paper focused on a country’s competitiveness, and the tradi?tional and new location advantages that determine its investment attractiveness in view of direct investment inflows in the light of M. Porter’s model of a diamond, an eclectic paradigm of J. H. Dunning and new growth theories. The second part presented the results of investment attractiveness analysis including selected coun?tries of CEE in the years 1995-2013. Comparing the investment attractiveness of Central and Eastern European countries shows that a rather narrow group of countries attracts a greater amount of FDI, and many more countries have experi?enced a decline in FDI. Therefore, the research results allow for the conclusion that Central and Eastern Europe reduced its investment attractiveness over the past years. This means that the majority of Central and Eastern European countries are becoming less successful in attracting FDI, and therefore in shaping the environment in which foreign companies wish to conduct their business.
关键词:investment attractiveness; Central and Eastern European countries