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Which Loans Do We Take? A Micro-Level Analysis of Croatian Households' Debt Participation 我们需要哪些贷款?克罗地亚家庭债务参与的微观层面分析
Croatia Economic Survey Pub Date : 2022-06-15 DOI: 10.15179/ces.24.1.1
Krunoslav Zauder, Mate Rosan
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引用次数: 3
Does Institutional Quality Matter for the IDP Hypothesis? Evidence from Emerging Europe 制度质量对国内流离失所假说有影响吗?来自新兴欧洲的证据
Croatia Economic Survey Pub Date : 2022-06-15 DOI: 10.15179/ces.24.1.3
M. Ganić
{"title":"Does Institutional Quality Matter for the IDP Hypothesis? Evidence from Emerging Europe","authors":"M. Ganić","doi":"10.15179/ces.24.1.3","DOIUrl":"https://doi.org/10.15179/ces.24.1.3","url":null,"abstract":"The study empirically explores the relationship between OFDI and the home country’s institutional quality by employing a panel of 23 European emerging countries between 2000 and 2019. In doing so, the study employs the VECM estimation procedure. The key findings of this research indicate that the rate of adjustment to reach long-run equilibrium in European post-transition countries is lower than in European transition countries. In conclusion, there is evidence, for the period being investigated, of causality between the home country’s institutional quality and OFDI in both regions. Also, most of the transition countries are still in the process of building the institutional environment, with many institutional voids and different starting points of their internalization process. In fact, most of the countries, especially European transition countries, are in stage 2 or stage 3 of their investment development path (IDP) development, where IFDI stock still remains higher than OFDI stock.","PeriodicalId":173288,"journal":{"name":"Croatia Economic Survey","volume":"92 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124661305","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
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