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THE FACTORS OF OUTWARD FDI FROM V4 COUNTRIES FROM THE PERSPECTIVE OF EU AND EMU MEMBERSHIP: A PANEL GRAVITY MODEL APPROACH
2014
Acta Universitatis Lodziensis. Folia Oeconomica
The purpose of this article is to explain what factors, from the viewpoint of the Visegrad Group countries, were important determinants in outward FDI. Referring to the eclectic theory of Dunning and the theory of economic development, we decided to answer the question about the determinants for host country choice. We decided to check whether an augmentation of the classical gravity model of international trade allows one to identify push and pull FDI factors. The panel data approach using the
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