Impact of FDI on economic growth, re-industrialisation and regional disparities in emerging Europe – the case of the Hungarian regions

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dc.author.affiliationDTO
dc.author.mtmtid10001296
dc.author.orcid0000-0002-7274-9163
dc.contributor.authorGál, Zoltán
dc.contributor.authorSingh, D.
dc.coverage.mtmtMTMT
dc.date.accessioned2025-02-19T10:34:13Z
dc.date.available2025-02-19T10:34:13Z
dc.date.issued2024
dc.description.abstractThe paper examines the nexus of FDI inflow, the FDI dispersion among companies, and GDP per capita along with the selected socio-economic variables, and re-industrialisation in the Hungarian regions. The paper uses the NUT 3 level data from 2001 to 2018 and employs the generalised method of moments (GMM) in regions characterised by the different phases of industrialisation. The econometric analysis confirms three variations of bidirectional IFDI, GDP growth and FDI dispersion nexus which can be explained by the fact that the positive effect of FDI-driven growth is spatially concentrated according to the different regional patterns of industrialisation. Both the 'FDI-driven growth hypothesis' and the 'GDP growth-driven FDI hypothesis' have been confirmed under certain regional conditions. The results show that the FDI-driven growth model of CEE is not sufficient to ensure the long-term prosperity of regions since the positive effect of FDI-driven economic growth is only short-term and spatially concentrated, further exacerbating territorial inequalities.
dc.description.accessTeljes szöveg elérése csak helyi hálózatról / Full text access is restricted to LAN
dc.description.thesistypeArticle
dc.format.extent305
dc.format.extentfirstpage305
dc.format.extentlastpage334
dc.format.extentvolume34
dc.identifier.citationInternational Journal of Business Excellence 34:(3) 2024 pp. 305-334.
dc.identifier.doi10.1504/IJBEX.2021.10041944
dc.identifier.isbn1756-0047
dc.identifier.issn1756-0047
dc.identifier.mtmt-recordid32466907
dc.identifier.urihttps://hdl.handle.net/11155/2906
dc.languageangol
dc.relation.ispartofjournalInternational Journal of Business Excellence
dc.relation.ispartofjournalissue3
dc.rightsCreative Commons Attribution Non-Commercial No Derivatives (CC-BY-NC-ND-4.0) Nevezd meg!-Ne add el!-Ne változtasd!hu
dc.subjectrégiók - Magyarország
dc.subjectkülföldi tőke
dc.subjectterületi egyenlőtlenség
dc.subjectKözép-Európa
dc.subjectKelet-Európa
dc.subjectújraiparosítás
dc.titleImpact of FDI on economic growth, re-industrialisation and regional disparities in emerging Europe – the case of the Hungarian regions
dc.typejournalArticlehu
dc.type.descriptionfolyóiratcikkhu
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