Focus on European Economic Integration Q4/14
- published:
- December 2014.
Focus on European Economic Integration Q4/14 (PDF, 1 MB) December 2014.
Call for Applications: Visiting Research Program (PDF, 40 kB) Focus on European Economic Integration Q4/14 en Dec 31, 2014, 12:00:00 AM
Developments in Selected CESEE Countries: Economic Recovery Loses Steam in Adverse International Environment (PDF, 560 kB) Focus on European Economic Integration Q4/14 Dec 31, 2014, 12:00:00 AM
Outlook for Selected CESEE Countries: Moderate but Steady Growth amid a Notable Increase of External Risks (PDF, 155 kB) Focus on European Economic Integration Q4/14 en Dec 31, 2014, 12:00:00 AM
FDI in Russia from CESEE and Central Asia: A Micro-Level Perspective
(PDF, 310 kB)
Karhunen, Kosonen, Ledyaeva, Wörz.
Ledyaeva, Karhunen, Kosonen, Wörz – Focus on European Economic Integration Q4/14
In this paper we study FDI in Russia originating from Central, Eastern and Southeastern Europe (CESEE) and Central Asia. We describe patterns of FDI and examine the determinants underlying these patterns, basing our analysis on firm-level data for the period from 1997 to 2011 obtained from Rosstat, Russia’s Federal State Statistics Service. We split the investor countries under review into two subgroups, i.e. Central Eastern Europe, Baltics and Balkans (CEEBB) and Eastern Europe, Caucasus and Central Asia (EECCA). We find that Belarus and Ukraine are the largest contributors of FDI into Russia among the countries under review. However, firms established
by investors from Estonia, Poland and Lithuania are more profitable than those established by investors from Belarus and Ukraine. In our empirical test of locational determinants influencing the choice of a particular Russian region as an FDI destination we, among other things, find evidence against the institutional distance argument, which maintains that FDI flows are more limited among countries that exhibit greater differences in terms of their regulatory and normative business environment.
en
Foreign direct investment, Russian regions, former communist countries
D22, F15, F23
Dec 31, 2014, 12:00:00 AM
76th East Jour Fixe: Using Survey Data for Economic Policy Research – A Focus on CESEE (PDF, 66 kB) Beckmann, Roitner, Stix – Focus on European Economic Integration Q4/14 en Dec 31, 2014, 12:00:00 AM
IMF Regional Economic Issues Update October 2014 Geopolitical Tensions Taking a Toll (PDF, 65 kB) Lerner – Focus on European Economic Integration Q4/14 en Dec 31, 2014, 12:00:00 AM
Statistical Annex (PDF, 117 kB) en Dec 31, 2014, 12:00:00 AM
Notes (PDF, 97 kB) en Dec 31, 2014, 12:00:00 AM