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Politická nestabilita a příliv přímých zahraničních investic v tranzitivních ekonomikách

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dc.contributor.authorMádr, Michal
dc.contributor.authorKouba, Luděk
dc.date.accessioned2015-02-12T13:39:37Z
dc.date.available2015-02-12T13:39:37Z
dc.date.issued2014
dc.description.abstract-translatedThe aim of the paper is to analyse the impact of political instability on inflow of foreign direct investments (FDI) in transition economies (CEE, Balkan and Post-Soviet countries). Regarding standard indexes of political instability, there is a shortage of data within the selected sample of countries. Therefore, we propose alternative proxies for political instability. Furthermore, we distinguish between two types of political instability being omitted in thematic literature: elite (minority or weak governments) and non-elite (violent protests, civil wars, coups). The paper provides two-step empirical analysis: correlation analysis and regression models using standard OLS. Both analyses compare the effect of selected proxies for political instability on inflow of FDI and FDI per capita. In summary, it is not possible to prove the effect of political instability on inflow of FDI in transition countries in unambiguous way. Despite it, a few statistically significant variables seem to be perspective for future research; subindex Political Stability within Governance Matters by the Word Bank and Group Grievance within Failed State Index by the Fund for Peace (non-elite); Herfindahl Index Government and a dummy for (non)presence of parliament election (elite).eng
dc.formatp. 85-97eng
dc.identifier.issn1211-555X (Print)
dc.identifier.issn1804-8048 (Online)
dc.identifier.scopus2-s2.0-84929452444
dc.identifier.urihttps://hdl.handle.net/10195/58664
dc.language.isocze
dc.peerreviewedyeseng
dc.publicationstatuspublishedeng
dc.publisherUniverzita Pardubice
dc.relation.ispartofScientific papers of the University of Pardubice. Series D, Faculty of Economics and Administration. 32 (3/2014)eng
dc.rightsopen accesseng
dc.subjectforeign direct investmenteng
dc.subjecttransition economieseng
dc.subjectnon-elite political instabilityeng
dc.subjectelite political instabilityeng
dc.titlePolitická nestabilita a příliv přímých zahraničních investic v tranzitivních ekonomikáchcze
dc.title.alternativePolitical instability and inflows of foreign direct investment in transition countrieseng
dc.typeArticle
dspace.entity.typePublication

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2014/32 Scientific papers, Series D