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Hanna Cetnarska and Hanna Dziakowska

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Milan Šušićv

aspects and common policies. Banja Luka: Faculty of Economics OECD (2016). Foreign Direct Investment for Development, Paris, Retrieved, February 14, 2018. Demirbag, M., Tatoglu, E., Glaister, K. W. (2008). Factors Affecting Perceptions of the Choice between Acquisition and Greenfield Entry: The Case of Western FDI in an Emerging Markets. Domazet, A. et al. (2008). Analysis of reasons and causes of insufficient interest of domestic and foreign investors in the privatization

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Marian Enescu and Maria Enescu


The economic theories consider the investments as one of the major factors of economic growth. Economic growth represents a complex process of increasing the dimensions of the national economy, based on the collective use of increasingly efficient production factors, dimensions expressed by the size of gross domestic product and national income per capita.

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Tomasz Dorożyński and Anetta Kuna-Marszałek

References A.T. Kearney, FDI Confidence Index (2015). Ali F.A, Fiess N., Macdonald R. (2010), Do Institutions Matter For Foreign Direct Investment, ‘Open Economic Review’, vol. 21(2). Anyanwu J.C. (2012), Why Does Foreign Direct Investment Go Where It Goes?: New Evidence From African Countries, ‘Annals Of Economics And Finance’, vol. 13(2). Asongu S.A., Kodila-Tedika O. (2015), Conditional Determinants of FDI in Fast Emerging Economies: An Instrumental Quantile Regression Approach, ‘African

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Yilmaz Bayar

References Ashraf, A., Herzer, D., & Nunnenkamp, P. (2015). The effects of greenfield FDI and cross-border M&As on total factor productivity. World Economy, 39 (11), 1728–1755. Basher, S. A., & Westerlund, J. (2009). Panel cointegration and the monetary exchange rate model. Economic Modelling, 26 (2), 506-513. Borensztein, E., De Gregorio, J., & Lee, J.-W. (1998). How does foreign direct investment affect economic growth? Journal of International Economics, 45

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Agnieszka Kłysik-Uryszek

References Aliber R. (1970), A Theory of Foreign Direct Investment, in: Ch. Kindleberger (ed.) The international Corporation, MA: MIT Press, Cambridge. Caves R.E. (1971), International corporations: The industrial economics of foreign investment, “Economica”,vol. 38, Issue 149 (February). Dunning J.H. (1981), Explaining the international direct investment position of countries: towards a dynamic or developmental approach, “Weltwirtschaftliches Archiv”, no. 117. Dunning J.H. (1986), The investment

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Domenico Buccella

., & Matsushima, N. (2009). Domestic competition and foreign direct investment in unionized oligopoly . The Institute of Social and Economic Research Discussion Paper No. 757. Osaka: Osaka University. Lommerud, K. E., Meland, F., & Sørgard, L. (2003). Unionised oligopoly, trade liberalisation and location choice. Economic Journal , 113 (490), 782-800. Mezzetti, C., & Dinopoulos, E. (1991). Domestic unionization and import competition. Journal of International Economics , 31 , 79-100. Mukherjee, A., & Broll, U. (2007). Welfare effects of foreign direct

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Lin Zhang and Zheqian Xu

References Aleksynska, M. & Havrylchyk, O. (2013), ‘FDI from the south: The role of institutional distance and natural resources,’ European Journal of Political Economy, vol. 29, no. 1, pp. 38-53. Buckley, P. J.; Clegg, L. J.; Cross, A.R.; Liu, X.; Voss, H. & Zheng, P. (2007), ‘The determinants of Chinese outward foreign direct investment,’ Journal of International Business Studies, vol. 38, no. 4, pp. 499-518. Busse, M

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Mduduzi Biyase and September Rooderick

References Adams, S. (2010). Intellectual property rights and investment climate and FDI in developing countries. International Business Research , 3(3): 201-209. Ahmad, N.A., Asmail, N.W. and Nordin, N. (2015). The impact of infrastructure on foreign direct investment in Malaysia. International Journal of management excellence , 5(1): 584-590. Akpan, U.S., Isihak, S.R., & Asongu, S.A., (2014). “Determinants of Foreign Direct Investment in Fast-Growing Economies: A Study of BRICS and MINT”, African Governance and Development Institute Working

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Eva Michalíkovń and Elisa Galeotti

References Altzinger, W. 1999. Austria's Foreign Direct Investment in Central and Eastern Europe: Supply Based or Market Driven. Paper on 47th conference International Atlantic Economic Conference, Viennas. Amiti, M., Smarzynska Javorcik, B. 2005. Trade Costs and Location of Foreign Firms in China. CEPR Discussion Papers 4978, C.E.P.R. Discussion Papers. Arellano, M., Bond, S. 1991. Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment