The impact of foreign direct investment on domestic investment in selected countries of Central and Eastern Europe from 2008-2019

• Thesis title in Czech: Dopad přímých zahraničních investic na domácí investice ve vybraných zemích střední a východní Evropy v letech 2008-2019.
• Thesis title in English: The impact of foreign direct investment on domestic investment in selected countries of Central and Eastern Europe from 2008-2019
• Key words: přímé zahraniční investice, vytěsňování, domácí investice, nerozvinuté ekonomiky.
• English key words: FDI, Crowding in, Domestic investment, underdeveloped economies
• Academic year of topic announcement: 2019/2020
• Thesis type: diploma thesis
• Thesis language: angličtina
• Department: Department of Russian and East European Studies (23-KRVS)
• Supervisor: PhDr. Jaromír Baxa, Ph.D.
• Author: hidden - assigned by the advisor
• Date of registration: 16.10.2020
• Date of assignment: 16.10.2020
• Date and time of defence: 22.09.2021 09:30
• Venue of defence: Pekařská 16, JPEK112, 112, Malá učebna, 1.patro
• Date of electronic submission: 27.07.2021
• Date of proceeded defence: 22.09.2021
• Opponents: Julia Korosteleva

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Preliminary scope of work

Výpis:
V tomto textu je použit model celkové investice a data panelu z 11 zemí střední a východní Evropy po dobu 12 let (2008-2019),Zkoumali efekt vytěsňování produkované FDI v tuzemských investicích. Kromě toho, v empirických výzkumů,Text také jsou ověřeny konkrétní vlivy na tvorbu tuzemských kapitálu FDI v různých ekonomikách a obdobích ve střední a východní Evropě. Výsledky výzkumu ukazují, že z dlouhodobého hlediska FDI do celkového vzorku u domácích investic není očividně žádný efekt vytěsňování.FDI má navíc dlouhodobý efekt vytěsňovánína domácí investice z nerozvinutých a rozvinutých ekonomik v 11 zemích. Avšak v krátkém časovém období (2008–2012), FDI má výrazný a zjevný efekt vytěsňování na domácí investice v nerozvinutých ekonomikách. Kromě toho v pozdější fázi studie (2013–2019), FDI nemají žádný zjevný efekt vytěsňování na domácí investice ve dvou různých ekonomikách. Tento článek také hluboce analyzuje důvody, proč FDI produkují efekt vytěsňování a Hromadící se efekty a je předložena rozumná politická doporučení.

Preliminary scope of work in English

This article applies the total investment model and 12-year (2008-2019) panel data of 11 countries in Central and Eastern Europe to examine the crowding-in or crowding-out effect of FDI on domestic investment. Moreover, in the empirical research, this article also tests the specific impact of the formation of FDI domestic capital in different economies and different periods in Central and Eastern Europe. Our research results show that FDI has no obvious crowding-in or crowding-out effect on the domestic investment of the total sample in the long term. In addition, FDI has a long-term crowding-out impact on domestic investment in underdeveloped economies and advanced economies in 11 countries. However, in the short term (2008-2012), FDI has a substantial and apparent crowding-in effect on domestic investment in underdeveloped economies. Furthermore, in the latter stage of the research period (2013-2019), FDI has no obvious crowding-in or crowding-out effect on domestic investment in the two different economies. This article also deeply analyzes the causes of the crowding-in or crowding-out effect of FDI and puts forward reasonable policy recommendations.