Advanced search ?

Object

Study on the survival rate of foreign direct investments in the countries of the Visegrad Group using event history analysis
Download

Title: Study on the survival rate of foreign direct investments in the countries of the Visegrad Group using event history analysis

Creator:

Salamaga, Marcin

Description:

Argumenta Oeconomica, 2023, Nr 2 (51), s. 83-99

Abstrakt:

Foreign direct investment (FDI) is a process that starts at a point in time and may end over time or continue uninterrupted throughout the observation period. Certain economic conditions may incline investors to divest by liquidating a business entity or selling their shares in the company in which the FDIs were made. Therefore, this is an analogy with the occurrence of censored cases, which allows for the use of survival analysis tools in the examination of the duration of FDIs. The aim of this article was to compare the patterns of ‘survival’ of foreign direct investments in individual Visegrad Group countries based on the relevant tables showing ‘the duration of FDIs’ and the survival curves obtained using the Kaplan-Meier estimator according to the criteria of sector and country of origin of the foreign capital. The Cox proportional hazards model was used to model the risk of foreign divestment. Based on the results obtained, the rate of decline in the cumulative probability of FDI survival shows differences between countries; FDI survival medians also vary across countries. In particular, it is demonstrated that the highest probability of foreign direct divestment in Poland applies to projects which are approximately 13.5 to 15 years long. In Czechia, this concerns projects which are approximately 18 to 21 years old, while in Slovakia and Hungary it is projects which are longer than 21. The study also shows that in all Visegrad countries, FDIs with German capital lasted the shortest, while projects with French capital lasted the longest (in the Czech Republic, Poland, and Hungary). In the majority of the Visegrad Group countries, the highest risk of divestment is typical of projects in sectors other than industrial processing and financial, insurance and other services. The data for the computations are from the Orbis and Zephir databases.

Publisher:

Publishing House of Wroclaw University of Economics and Business

Place of publication:

Wroclaw

Date:

2023

Resource Type:

artykuł

Resource Identifier:

doi:10.15611/aoe.2023.2.04 ; oai:dbc.wroc.pl:125356

Language:

eng

Relation:

Argumenta Oeconomica, 2023, Nr 2 (51)

Rights:

Pewne prawa zastrzeżone na rzecz Autorów i Wydawcy

Access Rights:

Dla wszystkich zgodnie z licencją

License:

CC BY-SA 4.0

Location:

Uniwersytet Ekonomiczny we Wrocławiu

Group publication title:

Argumenta Oeconomica

Subject and keywords:

FDI survival analysis Visegrad Group

Object collections:

Last modified:

Apr 17, 2024

In our library since:

Nov 17, 2023

Number of object content hits:

79

All available object's versions:

https://dbc.wroc.pl./publication/163937

Show description in RDF format:

RDF

Show description in OAI-PMH format:

OAI-PMH

Edition name Date
Study on the survival rate of foreign direct investments in the countries of the Visegrad Group using event history analysis Apr 17, 2024

Similar

Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Próba konstrukcji tablic „wymierania scenicznego” spektakli operowych na przykładzie Metropolitan Opera.

Salamaga, Marcin

2014
artykuł
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Analiza skłonności do podejmowania BIZ przez polskie firmy z wykorzystaniem modeli logitowych

Sałamaga, Marcin

2018
artykuł
Argumenta Oeconomica
Argumenta Oeconomica

Foreign divestment risk factors in Poland during the covid-19 pandemic

Salamaga, Marcin

2022
artykuł
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Zastosowanie drzew dyskryminacyjnych w identyfikacji czynników wspomagających wybór kraju alokacji bezpośrednich inwestycji zagranicznych na przykładzie polskich firm

Salamaga, Marcin

2016
artykuł
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu

Zastosowanie analizy korespondencji do badania motywów podejmowania bezpośrednich inwestycji zagranicznych przez polskie firmy

Salamaga, Marcin

2017
artykuł
Ekonometria = Econometrics
Ekonometria = Econometrics

Comparative analysis of FDI duration in the Visegrád Group member states, using mortality tables: A sectoral approach

Salamaga, Marcin

2022
artykuł
Ekonomia XXI Wieku = Economics of the 21st Century
Ekonomia XXI Wieku = Economics of the 21st Century

Family policy with respect to large families in Visegrad countries

Bebel, Anna

2011
artykuł
Argumenta Oeconomica
Argumenta Oeconomica

The role of cluster organisations in stimulating cooperation between business and science. Experience from the Visegrad Group countries

Kowalski, Arkadiusz Michał Kuberska, Dominika Mackiewicz, Marta

2023
artykuł
More
×

Citation

Citation style:

Contact details

Address

Wrocław University of Science and Technology (Coordinator)
Library of Wrocław University of Science and Technology
Wybrzeże Wyspiańskiego 27
50-370 Wrocław, Poland

Phone

(+48) 71-320-38-30
(+48) 71-320-47-50

E-Mail

bc@pwr.edu.pl

Visit us!

https://biblioteka.pwr.edu.pl/

This page uses 'cookies'. More information