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DC poleHodnotaJazyk
dc.contributor.authorBayar, Yilmaz
dc.contributor.authorRemeikienė, Rita
dc.contributor.authorŽufan, Jan
dc.contributor.authorNovotný, Miloslav
dc.date.accessioned2020-06-17T06:40:11Z
dc.date.available2020-06-17T06:40:11Z
dc.date.issued2020
dc.identifier.citationE+M. Ekonomie a Management = Economics and Management. 2020, roč. 23, č. 2, s. 4-16.cs
dc.identifier.issn2336-5604 (Online)
dc.identifier.issn1212-3609 (Print)
dc.identifier.urihttp://hdl.handle.net/11025/36978
dc.format13 s.cs
dc.format.mimetypeapplication/pdf
dc.language.isoenen
dc.publisherTechnická univerzita v Libercics
dc.rightsCC BY-NC 4.0cs
dc.subjectinvestice na zelené loucecs
dc.subjectinvestice na hnědé loucecs
dc.subjectnezaměstnanostcs
dc.subjectpanelová kointegracecs
dc.subjectanalýzy kauzalitycs
dc.titleUnemployment effects of greenfield and brownfield investments in post-transition European Union membersen
dc.typečlánekcs
dc.typearticleen
dc.rights.accessopenAccessen
dc.type.versionpublishedVersionen
dc.description.abstract-translatedInternational direct and portfolio investments have gone up considerably as of mid-1980s. The foreign direct investments with characteristic of long term horizon may affect the economic variables through know-how and technology transfer, physical capital expansion, and new job creation. However, foreign direct investments may have potential to negatively affect the domestic competitors with insufficient competitiveness in the industry. So, the economic effects of FDI inflows have been one of the much-debated and studied issues in the international economics. This study investigates the unemployment effects of greenfield and brownfield investments in 11 posttransition EU members over 2003–2017 period through panel cointegration and causality tests. The article fills the gap in the literature, because the relevant empirical literature has generally researched the impact of total FDI flows on the unemployment/employment. The empirical findings revealed that brownfield investments raised the unemployment in overall panel in the long run, but greenfield investments had no significant impacts on the unemployment in overall panel in the long run. However, greenfield investments decreased the unemployment in Croatia, Hungary, and Slovenia, and raised the unemployment in Poland and Slovakia, while brownfield investments raised the unemployment only in Czechia. Consequently, it is not very reasonable to compare our findings with the results of other studies using total FDI inflows as the independent variable. But, it is generally consistent with theoretical and empirical expectations.en
dc.subject.translatedgreenfield investmentsen
dc.subject.translatedbrownfield investmentsen
dc.subject.translatedunemploymenten
dc.subject.translatedpanel cointegrationen
dc.subject.translatedcausality analysesen
dc.identifier.doihttps://doi.org/10.15240/tul/001/2020-2-001
dc.type.statusPeer-revieweden
Vyskytuje se v kolekcích:Číslo 2 (2020)
Číslo 2 (2020)

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