Please use this identifier to cite or link to this item: https://scidar.kg.ac.rs/handle/123456789/17768
Title: FDI and income convergence in the Central European transition countries,
Authors: Milutinović, Sonja
Stanišić, Tanja
Journal: Annals of Spiru Haret University
Issue Date: 2022
Abstract: Foreign direct investment generates a number of benefits, especially for developing and transition countries, and, therefore, it is a major factor in economic development. Some of the advantages of foreign direct investments are technology and knowledge spillover, increased employment and competition and improved balance of payments. The aim of this research is examining the effect of foreign direct investment on income convergence of Central European transition countries. Regression analysis is used to test this effect. The results indicate that Central European transition countries with a higher inflow of foreign capital achieve more propulsive convergence towards the average income of developed countries of the European Union. The results of the research can be useful for the economic policy makers of transition countries.
URI: https://scidar.kg.ac.rs/handle/123456789/17768
Type: article
DOI: 10.26458/22133
ISSN: 2393-1795
Appears in Collections:Faculty of Hotel Management and Tourism, Vrnjačka Banja

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