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Scientific paper - Original scientific paper
THE COMPETITIVENESS AND ATTRACTIVENESS OF INVESTMENT ENVIRONMENT IN CROATIA AND EX-COMMUNIST COUNTRIES
In: 9th INTERNATIONAL SCIENTIFIC SYMPOSIUM REGION, ENTREPRENEURSHIP, DEVELOPMENT. / Leko Šimić, Mirna; Crnković, Boris (Ed.). Josip Juraj Strossmayer, University of Osijek Faculty of Economics, Osijek, 2020. pp. 49-61. urn:nbn:hr:192:806127
Bezić, Heri; Galović, Tomislav; Balaž, Davorin

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Bezić, H., Galović, T. & Balaž, D. (2020). THE COMPETITIVENESS AND ATTRACTIVENESS OF INVESTMENT ENVIRONMENT IN CROATIA AND EX-COMMUNIST COUNTRIES. In M. Leko Šimić, (Ed.), B. Crnković, (Ed.), 9th INTERNATIONAL SCIENTIFIC SYMPOSIUM REGION, ENTREPRENEURSHIP, DEVELOPMENT (pp. 49-61). Josip Juraj Strossmayer, University of Osijek Faculty of Economics, Osijek. Retrieved from https://urn.nsk.hr/urn:nbn:hr:192:806127

Bezić, Heri, et al. "THE COMPETITIVENESS AND ATTRACTIVENESS OF INVESTMENT ENVIRONMENT IN CROATIA AND EX-COMMUNIST COUNTRIES." 9th INTERNATIONAL SCIENTIFIC SYMPOSIUM REGION, ENTREPRENEURSHIP, DEVELOPMENT, edited by Mirna Leko Šimić, edited by Boris Crnković, Josip Juraj Strossmayer, University of Osijek Faculty of Economics, Osijek, 2020, pp. 49-61. https://urn.nsk.hr/urn:nbn:hr:192:806127

Bezić, Heri, Tomislav Galović and Davorin Balaž. "THE COMPETITIVENESS AND ATTRACTIVENESS OF INVESTMENT ENVIRONMENT IN CROATIA AND EX-COMMUNIST COUNTRIES." In 9th INTERNATIONAL SCIENTIFIC SYMPOSIUM REGION, ENTREPRENEURSHIP, DEVELOPMENT, 49-61. Josip Juraj Strossmayer, University of Osijek Faculty of Economics, Osijek, 2020. Accessed 2025 April 02. https://urn.nsk.hr/urn:nbn:hr:192:806127

Bezić, H., Galović, T. and Balaž, D. (2020) 'THE COMPETITIVENESS AND ATTRACTIVENESS OF INVESTMENT ENVIRONMENT IN CROATIA AND EX-COMMUNIST COUNTRIES', in Leko Šimić, M. (ed.), Crnković, B. (ed.), 9th INTERNATIONAL SCIENTIFIC SYMPOSIUM REGION, ENTREPRENEURSHIP, DEVELOPMENT, Josip Juraj Strossmayer, University of Osijek Faculty of Economics, Osijek, pp. 49-61. Available at: https://urn.nsk.hr/urn:nbn:hr:192:806127 (Accessed 02 April 2025)

Bezić H, Galović T, Balaž D. THE COMPETITIVENESS AND ATTRACTIVENESS OF INVESTMENT ENVIRONMENT IN CROATIA AND EX-COMMUNIST COUNTRIES. In: M. Leko Šimić, ed., B. Crnković, ed. 9th INTERNATIONAL SCIENTIFIC SYMPOSIUM REGION, ENTREPRENEURSHIP, DEVELOPMENT. Josip Juraj Strossmayer, University of Osijek Faculty of Economics, Osijek; 2020. Pp. 49-61. [cited 2025 April 02] Available at: https://urn.nsk.hr/urn:nbn:hr:192:806127

H. Bezić, T. Galović and D. Balaž, "THE COMPETITIVENESS AND ATTRACTIVENESS OF INVESTMENT ENVIRONMENT IN CROATIA AND EX-COMMUNIST COUNTRIES", 9th INTERNATIONAL SCIENTIFIC SYMPOSIUM REGION, ENTREPRENEURSHIP, DEVELOPMENT, M. Leko Šimić and B. Crnković, Eds. Josip Juraj Strossmayer, University of Osijek Faculty of Economics, Osijek, 2020. [Online] Available at: https://urn.nsk.hr/urn:nbn:hr:192:806127 [Accessed: 02 April 2025]

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Metadata
Title (english)THE COMPETITIVENESS AND ATTRACTIVENESS OF INVESTMENT ENVIRONMENT IN CROATIA AND EX-COMMUNIST COUNTRIES
AuthorHeri Bezić
AuthorTomislav Galović
AuthorDavorin Balaž
EditorMirna Leko Šimić
EditorBoris Crnković
Author's institutionUniversity of Rijeka
Faculty of Economics and Business
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
Increasing competitiveness and attractiveness of investment environment is one of the most important macroeconomic objectives of each national economy. Foreign direct investments have variety of positive impacts on host country: increase of export competitiveness, employment, competition, consumption and GDP, modernization of production equipment, transfer of new technologies and knowledge, filling the state budget through taxation and employee contribution payments, improving corporative... More culture, preserving jobs in joint ventures with domestic companies and more effective integration of the country into the international economy. In this paper is examined competitiveness and attractiveness of investment environment of Croatia and 21 ex-communist countries in the period 2013–2018. Aims of this research are to determine key drivers to attract FDI and increase competitiveness of investment and overall macroeconomic environment. Through examination of investment environments, this paper aims to determine policies and measures that can be applicable for Croatia and observed ex-communist countries to increase competitiveness and attractiveness of investment and macroeconomic environment. This key policies and measures should enhance economic growth of these countries and faster level of integration into global economy. The methodology is based on a system GMM estimator for dynamic panel data models on a sample covering up twenty two countries. Main results confirm correlation of economic growth, taxation and institutional efficiency on FDI stock in host country. Analysis and results of the model and research are providing recommendations to attract more foreign direct investments and enhance economic growth. Contribution of this research is determination of key drivers of FDI and providing policies and measures for increasing competitiveness of investment and overall macroeconomic environment in Croatia and observed ex-communist countries. Less
Keywords (english)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review - international
Publication versionPublished version
Publication title9th INTERNATIONAL SCIENTIFIC SYMPOSIUM REGION, ENTREPRENEURSHIP, DEVELOPMENT
Edition9
Numberingpp. 49-61, 3
URN:NBNurn:nbn:hr:192:806127
Publication2020-06
ConferenceTitle: 9th International Scientific Symposium Region, Entrepreneurship, Development (RED 2020)
Acronym: RED 2020
Location: Osijek, Croatia
Start date: 2020-06-04
End date: 2020-06-05
Assembly type: Lecture
Document URLhttps://www.efos.unios.hr/wp-content/uploads/2023/06/RED-2020-Proceedings_.pdf
Type of resourceText
PublisherJosip Juraj Strossmayer, University of Osijek Faculty of Economics, Osijek
Access conditionsOpen access
Terms of useLicence In copyright icon
Created on2025-03-29 16:15:06
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