Empirical Model

  • Hanna Makhavikova
Part of the Contributions to Economics book series (CE)


In this chapter we go on to test the hypotheses about FDI in the CEECs empirically. We employed panel data models to the CEE members and candidate countries of the EU during the period 1992–2015. The countries covered were Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Georgia, Hungary, Latvia, Lithuania, Moldova, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia, TFYR Macedonia, and Ukraine.

The first empirical part of the chapter describes the factors of the empirical model. In the second part, its robustness is checked, and in the third results are discussed. In the fourth section, we made an attempt to identify the main differences of FDI’s impact on different sub-regions and time periods.


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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  • Hanna Makhavikova
    • 1
  1. 1.Faculty of Economics and ManagementOtto-von-Guericke University MagdeburgMagdeburgGermany

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