TY - JOUR
T1 - Origin-Effects and Foreign Direct Investment in the Czech Republic: The Role of Government Promotion Abroad
AU - Deichmann, Joel
PY - 2010
Y1 - 2010
N2 - This paper examines country-of-origin effects accounting for the Czech Republic’s accumulation of $60 billion in FDI during the years surrounding accession to the European Union. Careful attention is paid to CzechInvest’s assertive marketing through offices abroad. Government promotion initially drew investment from firms in countries relatively less familiar with the Czech Republic, and while its importance is confirmed empirically, it remains inferior to agglomeration and trade flows, followed EU membership as export platform. The inquiry yields substantial consistency across model specifications with variables that eclipse other conventional explanations of FDI including market factors, exchange rates, and geographical distance.
AB - This paper examines country-of-origin effects accounting for the Czech Republic’s accumulation of $60 billion in FDI during the years surrounding accession to the European Union. Careful attention is paid to CzechInvest’s assertive marketing through offices abroad. Government promotion initially drew investment from firms in countries relatively less familiar with the Czech Republic, and while its importance is confirmed empirically, it remains inferior to agglomeration and trade flows, followed EU membership as export platform. The inquiry yields substantial consistency across model specifications with variables that eclipse other conventional explanations of FDI including market factors, exchange rates, and geographical distance.
UR - http://www.acesecon.org/
M3 - Article
VL - 53
SP - 273
EP - 285
JO - Comparative Economic Studies (Palgrave)
JF - Comparative Economic Studies (Palgrave)
IS - 2
ER -
