SEARCHING FOR HUMAN CAPITAL DETERMINANTS OF FOREIGN DIRECT INVESTMENT INFLOWS IN THE EU NEW MEMBER STATES

Abstract

The specific levels and patterns of foreign direct investment in the Central and EasternEuropean countries could not be fully explained taking into account only the traditional economicdeterminants, as shown in the empirical studies undertaken so far. Hence, we search for someforeign direct investment determinants related with human capital, using panel data techniques, andshow that some of the human capital measures are positively correlated with foreign directinvestment inflows in Central and Eastern Europe.foreign direct investment, human capital