外商直接投資與制度環(huán)境--在轉(zhuǎn)型經(jīng)濟(jì)體中的作用研究【外文翻譯】

1、1本科畢業(yè)論文外文翻譯本科畢業(yè)論文外文翻譯外文題目：外文題目：FeignDirectInvestmentInstitutionalEnvironmentinTransitionEconomies出處:TransitionStudiesReview作者：者：rejSujanFeignDirectInvestmentInstitutionalEnvironmentinTransitionEconomiesrejSu?janABSTRACTW

2、eanalysedtherelationbetweenfeigndirectinvestmentthequalityoftheinstitutionalenvironmentintransitioneconomies.Theanalysisconfirmedasignificantimpactofvariousinstitutionalaspectsontheinflowoffeigncapital.Toisolatetheimptan

3、ceoftheinstitutionalenvironmentfromtheimpactofotherfactsapaneldataanalysiswasperfmedusingthedataof24transitioneconomiesintheperiod1995–2002.Theresultsshowedthatintheobservedperiodthequalityoftheinstitutionalenvironmentsi

4、gnificantlyinfluencedtheleveloffeigndirectinvestmentintransitioneconomies.Othervariablesthatprovedtohaveastatisticallysignificantinfluencewerebudgetdeficitinsiderprivatizationlabourcostperhour.IntroductionFeigndirectinve

5、stment(FDI)iswidelybelievedtomakemajcontributionstotheeconomicdevelopmentofemergingmarkets.OntheotherhFDIisalsoofcrucialimptancetomultinationalfirms.Thusboththedevelopedthedevelopingeconomieshaveacommoninterestinencourag

6、ingFDIflowsalthoughtheirtargetsvary(Resmini2000EstrinMeyer2004):positiveexternalitiesofFDIareimptantfhosteconomieswhileprofitscpategrowthareatypicaltargetofgloballyientedcompanies.ApositiveimpactofFDIoneconomicgrowthhasb

7、eenconfirmedbyanumberof3researcherstoeconometricallytesttheimptanceofinstitutionsfseveralareasofeconomiclife.Ftransitioneconomiestherelationbetweeninstitutionalchangesfeigncapitalinflowshassofarnotbeencomprehensivelyanal

8、ysed.Baniaketal.(2005)examinedthegeneraldeterminantsofFDIintransitioneconomies.Therehavealsobeenstudiesabouttheinfluenceofvariousregulatyinstitutionsontheperfmanceofparticularsegmentsinsometransitioneconomies.Glaeseretal

9、.(2001)fexamplecomparedthePolishCzechcapitalmarketdevelopments.ThequalityofregulationwasshowntobeveryimptantfthedevelopmentofPolishcapitalmarkets.Bevanetal.(2004)extensivelystudiedtheimptanceoftheinstitutionalenvironment

10、fFDIonthebasisofthetransitionalindicatsbytheEuropeanBankfReconstructionDevelopment(EBRD)focusingonthetypeofownershipbankingsectrefmfeignexchangetradeliberalizationlegaldevelopment.Theyfoundastrongrelationshipbetweenfmali

11、nstitutionaldevelopmentFDI.AlsoGroganMoers(2001)focusedontheimptanceofinstitutionalqualityfFDIonthebasisofEBRDdatafoundthatespeciallytheroleofthestateisimptant.Frenkeletal.(2004)studiedbilateralFDIflowstoemergingmarketsb

12、yfocusingonagravitymodelbutfoundthatthecountryriskmeasuredbyEuromoneyriskratingisalsoimptantfFDIflows.SmarzynskaJavcik(2004)studiedtheimptanceofintellectualpropertyinvestsareheavilydeterredbypoprotectionofpropertyrightse

13、speciallyinthetechnologicallyintensivesects.Weextendsupplementtheprecedinganalysesinseveralaspects.Firstweprovideacomprehensiverationalizationoftheimptanceoffeigncapitalfeconomicgrowthintransitioneconomiesviatheexptledmo

14、delofgrowth.SecondtheanalysisofthepotentialimpactofinstitutionsonFDIintransitioneconomiesisbasedontheHeritageFoundationdatawhichdifferfromtheEBRDdata.Tenareasofinstitutionalqualityareinspectedevaluated.Theoverallindexofi

15、nstitutionalqualitycomprisesalltensubareas.Dataconfirmtheimptanceofinstitutionalquality.Thearticlethusprovidesanadditionalconfirmationthatinstitutionsmatterthattherobustnessoftheirimpactdoesnotdependonthesourceofthedatat