SOCIAL EFFECTS OF FOREIGN DIRECT INVESTMENTS: A PANEL CAUSALITY ANALYSIS FOR THE CASE OF THE CEE

Authors

  • Robert Matusiak Nicolaus Copernicus University, Faculty of Economic Sciences and Management, Toruń

DOI:

https://doi.org/10.12775/JPM.2018.143

Keywords

foreign direct investment, social effect, dynamic panel, panel causality, Central and Eastern Europe

Abstract

Purpose: The paper focus specifically on the impact of FDI and its contribution to the effectiveness of spending, a review of literature has revealed many attempts to evaluate the determinants of spending (i.e., education, health, and R&D). This study offers a modern approach to FDI and investigates the causal relationship between FDI and social effect in the Central and Eastern Europe.
Methodology: The study uses panel var for the period 2004-2015, and adopts a panel Granger causality analysis developed by Dumitrescu and Hurlin (2012) to assess the contribution FDI makes to social effect. The data were analysed with the use of R- Cran 3.5.1 (library: panelvar, plm).
Implications: Modelling these circumstances may be a potential direction for future studies aimed at investigating the causality between FDI and social effect in the CEE.

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Journal of Positive Management

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Published

2019-07-05

How to Cite

1.
MATUSIAK, Robert. SOCIAL EFFECTS OF FOREIGN DIRECT INVESTMENTS: A PANEL CAUSALITY ANALYSIS FOR THE CASE OF THE CEE. Journal of Positive Management. Online. 5 July 2019. Vol. 9, no. 2, pp. 74-88. [Accessed 4 July 2025]. DOI 10.12775/JPM.2018.143.

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Vol. 9 No. 2 (2018)

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