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What makes firms in emerging markets attractive to foreign investors? Micro-evidence from the Czech Republic

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    SYSNO ASEP0080928
    Document TypeJ - Journal Article
    R&D Document TypeJournal Article
    Subsidiary JOstatní články
    TitleWhat makes firms in emerging markets attractive to foreign investors? Micro-evidence from the Czech Republic
    TitleProč jsou firmy na nově vznikajících trzích atraktivní pro zahraniční investory? Mikrodůkazy z České republiky
    Author(s) Tóth, Peter (NHU-N)
    Zemčík, P. (CZ)
    Source TitleCERGE-EI Working Paper Series - ISSN 1211-3298
    -, č. 294 (2006), s. 1-43
    Number of pages43 s.
    Publication formWWW - WWW
    Languageeng - English
    CountryCZ - Czech Republic
    Keywordsforeign ownership ; endogeneity ; Granger-causality
    Subject RIVAH - Economics
    R&D ProjectsLC542 GA MŠMT - Ministry of Education, Youth and Sports (MEYS)
    CEZAV0Z70850503 - NHU-N (2005-2011)
    AnnotationWe use a panel of Czech firms to enhance existing literature where the dependent variable is foreign ownership. In our estimation, we control for endogeneity and unobserved effects using standard methods complemented by tests for heterogenous Granger-causality.
    WorkplaceEconomics Institute
    ContactTomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122
    Year of Publishing2007
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