scholarly journals Přináší regionu větší kapitálová vybavenost práce vyšší mzdu? Případ českých regionů

2020 ◽  
Author(s):  
Ivana Kraftová ◽  
Jiří Kraft
Keyword(s):  
Foreign Direct Investment ◽  
Czech Republic ◽  
Direct Investment ◽  
Wage Level ◽  
Productivity Level ◽  
Capital Equipment ◽  
The Czech Republic ◽  
Relationship Of ◽  
The Relationship ◽  
Unit Performance

The article pays attention to the relation between capital equipment of labor and wage levels on the example of the Czech regions. Its main aim is to assess the relationship of the capital equipment of labor (expressed in terms of foreign direct investment and hours worked) to the wage level using correlation analysis, as well as the relationship of the capital equipment of labor and productivity in the regions of the Czech Republic. In addition, the validity of the relation “labor productivity is higher than the wage level” is verified using a comparison of standardized values of the indicators. The results show a high spatial dispersion of foreign direct investment in the Czech Republic, caused mainly by the Prague region. The positive correlation between the capital equipment of labor and wage levels, but also productivity, is statistically significant in the Czech regions. The problem of most Czech regions is the situation when the wage level exceeds the productivity level. Thus, the capital equipment of labor should firstly have a positive effect on the unit performance of labor, which would be rightly followed by increasing wages.

The Role of Financial Development in the Relationship Between Foreign Direct Investment and Economic Growth: A Nonlinear Approach

2019 ◽  
Vol 22 (02) ◽  
pp. 1950009 ◽  
Author(s):  
Elya Nabila Abdul Bahri ◽  
Abu Hassan Shaari Md Nor ◽  
Tamat Sarmidi ◽  
Nor Hakimah Haji Mohd Nor
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Financial Development ◽  
Absorptive Capacity ◽  
Direct Investment ◽  
Global Financial Crisis ◽  
Using Data ◽  
Relationship Of ◽  
The Relationship

Financial development is recognized as an absorptive capacity in the relationship between foreign direct investment (FDI) and economic growth. Therefore, FDI effect on economic growth is contingent with the level of financial development. However, existing studies also show that financial development dampens economic growth through the “too much finance harms economic growth” hypothesis. Hence, there is a question of how far financial development should be developed to optimize the benefits of FDI on economic growth. The novelty of this study is that it reexamines the role of financial development in FDI-growth relationship by including the interaction term between FDI and the nonlinearity of financial development on economic growth in the period following the 2007–2008 Global Financial Crisis. Interestingly, our results demonstrate that the nonlinear relationship of financial development on economic growth is a U-shaped curve by using data from the 2009–2013 period, for 65 developing countries, which contrast the findings from previous studies. The absorptive capacity effects work nonlinearly, in that FDI accelerates growth after reaching a certain level of financial development, and that the positive effect originates from a minimum level. The study thus suggests that the level of financial development needs to be increased since it serves as a form of absorptive capacity enabling the positive growth effects of FDI in the recipient countries.

Investment Attractiveness of Visegrad Group Countries

2014 ◽  
pp. 740-775 ◽  
Author(s):  
Tomasz Dorożyński ◽  
Anetta Kuna-Marszałek
Keyword(s):  
Foreign Direct Investment ◽  
Czech Republic ◽  
Direct Investment ◽  
Economic Transformation ◽  
Geographic Proximity ◽  
The Czech Republic ◽  
Shared Experiences ◽  
Main Determinants ◽  
Political Economic ◽  
Visegrad Group

The aims of this chapter are to evaluate the main determinants of the inflow of FDI into selected countries of CEE and to examine the volume, dynamics, and structure of FDI inflow into these countries. Due to certain similarities, the authors focus the analysis on four countries: Poland, the Czech Republic, Hungary, and Slovakia. The reasons are geographic proximity, political, economic, and cultural similarities, as well as shared experiences of economic transformation. This chapter focuses on matters pertaining to foreign direct investment, mostly on the reasons motivating FDI inflow in light of selected studies and theories. The authors also provide characteristics of the dynamics and structure of FDI inflow into the V4 countries. The final part of the chapter compares investment attractiveness, the system of incentives, and identifies barriers facing investors in the analyzed countries.

A Study on the Relationship of Economic Growth, FDI with Environmental Pollution in China

2014 ◽  
Vol 962-965 ◽  
pp. 1975-1978 ◽  
Author(s):  
Hao Chen ◽  
Lin Sun
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Environmental Pollution ◽  
Spatial Correlation ◽  
Direct Investment ◽  
Turning Point ◽  
Spatial Lag ◽  
Relationship Of ◽  
The Relationship

Based on the spatial correlation of environmental pollution between adjacent regions, the new nonparametric spatial lag models are constructed to study the impacts of economic growth and foreign direct investment (FDI) on the environmental pollution in China. The results indicate that: There exists an inverted "U" shaped relationship between economic growth and environmental pollution and the turning point of the curve is large; there exists a "U" shaped relationship between foreign direct investment and environmental pollution while the turning point of the curve is small.

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