The Relationship between Foreign Direct Investments and EU Funding During the 2007–2013 Programming Period
Journal Title: Barometr Regionalny. Analizy i Prognozy - Year 2018, Vol 16, Issue 3
Abstract
The review of economic literature indicates that the 2007–2013 programming period has not yet been completely analyzed in terms of the EU funds and stock of FDI. Moreover, previous studies omitted most of the EU funds because they focused mainly on structural funds and cohesion funds. The main question of this paper is organized around whether there is a positive relationship between the stock of FDI and specific EU funds. We use a panel of 27 EU countries to analyze fifty policy variables from the 2007–2013 programming period with panel linear regression models. In contrast to analysis of previous programming periods, the results did not indicate that there was a statistically significant relationship between structural or cohesion funds and the stock of FDI. The results indicate instead that ceteris paribus FDI stock is influenced by EU funds for preservation and management of natural resources and the media 2007 programme. And more specifically that EUR 100 million increase of funds for preservation and management of natural resources increased FDI stock by 1,01%–2,02%. A one million increase of funds for media 2007 related programs increased FDI stock by 3,36%–4,29%. Additionally, the results indicate that there is an interaction between GDP per capita and funds for the preservation of animal and plant health, and GDP per capita with funds for solidarity and management of migration flows. This research is a pilot study. According to the author’s knowledge this is the first analysis that takes into account all EU policy variables, and not just a selected few as well as the first study that analyses FDI and all EU funds during the 2007–2013 programming period.
Authors and Affiliations
Łukasz Cywiński
Keywords
Related Articles
- EP ID EP429241
- DOI -
- Views 65
- Downloads 0
Możliwości rozwoju branży budowlanej w woj. opolskim
W sekcji „Budownictwo” wyróżnia się następujące działy: roboty budowlane związane ze wznoszeniem budynków (dział 41 ), roboty związane z budową obiektów inżynierii lądowej i wodnej (dział 42 ) i roboty budowlane specja...
Asymmetry of Economic Development of Cross-Border Areas in the Context of Perception of Near-Border Location
The objective of the study is the investigation of the dependency between the asymmetry of economic development of cross-border regions in the European Union and the perception of near-border location as an “opportunity”...
The Role of Green Public Procurement in the Implementation of Sustainable Development. City of Łódź Case Study
The article concerns the practical use of green public procurement to implement sustainable development. The use of this type of instrument in the investment activity of the city in the years 2007–2017 is presented on th...
Network Model of Revitalization in the Cittaslow Cities of the Warmińsko-Mazurskie Voivodship
The aim of this article is to present a network model of a revitalization of small towns unique in Poland and even in Europe . Fourteen small towns in the Warmińsko-Mazurskie Voivodship, thanks to their membership in the...
Raport z realizacji projektu "Lubelski Barometr Gospodarczy"