The Geography of Multinational Corporations in CEE Countries: Perspectives for Second-Tier City Regions and European Cohesion Policy

Teodora Dogaru (), Martijn Burger, Frank Oort and Bas Karreman
Additional contact information
Teodora Dogaru: Universidad de A Coruña

INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, 2014, issue 29, 193-214

Abstract: The largest regional disparities in CEE countries are between capital and non-capital city regions. MNCs invest in these regions for various reasons, contributing to regional development exogenously. In this paper we analyse location decisions of FDI investments in the period 2003-2010. We find that the most important location factors for FDI are market accessibility, strategic assets, institutional quality and agglomeration, in the post-crisis era even more than before. Presently, second-tier city regions are not capable of offering all these factors simultaneously. For improving their opportunities and contribution to European cohesion and convergence, more substantial and direct investments are needed. Without these, the recently suggested competitiveness opportunities of second-tier city regions are difficult to obtain.

Keywords: Greenfield FDI; CEE regions; location factors; competitive advantage (search for similar items in EconPapers)
JEL-codes: R12 R38 R58 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.aecr.org/images/ImatgesArticles/2014/10/09Dogaru.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ris:invreg:0268

Access Statistics for this article

INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH is currently edited by Vicente Royuela Mora

More articles in INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH from Asociación Española de Ciencia Regional C/ Viladomat, 321 entresuelo - 08029 Barcelona, Teléfono y Fax: + 34 933101112, E-mail: info@aecr.org, Web: www.aecr.org, Web Investigaciones Regionales: www.investigacionesregionales.org. Contact information at EDIRC.
Bibliographic data for series maintained by IIRR-JORR ().