publication . Article . Other literature type . 2014

Are the Balkans different?

Estrin, S.; Uvalic, M.;
Restricted
  • Published: 15 Mar 2014 Journal: Economics of Transition, volume 22, pages 281-312 (issn: 0967-0750, Copyright policy)
  • Publisher: Wiley
Abstract
The article explores the determination of foreign direct investment (FDI) into the Balkan transition economies – Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Macedonia, Montenegro, Romania and Serbia. Detailed FDI inflows to Southeast Europe are analysed to determine the main differences in the volume, timing and sectoral structure of FDI within the region and in comparison to the Central East European countries. A gravity model for all transition economies during 1990–2011 is then estimated to assess whether the factors driving FDI to the Western Balkans are different. They are found to be so; even when the size of their economies, distance from the sour...
Subjects
free text keywords: Economics and Econometrics, Economics, Transition countries, Growth model, Gravity model of trade, Economy, Montenegro, Foreign direct investment
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publication . Article . Other literature type . 2014

Are the Balkans different?

Estrin, S.; Uvalic, M.;