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The investment development path of Austria

Bellak, Christian (2000) The investment development path of Austria. Department of Economics Working Paper Series, 75. Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business, Vienna.

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Abstract

We explore some empirical properties of Austria's "Investment Development Path" (IDP) on the macro level as well as on the structural and the bilateral level. Three dimensions are analyzed, namely the growth, the stability, and the sign of the Net Outward Investment Position (NOIP). While the NOIP on the macro level has been negative throughout the last two decades, there is considerable variation on the industry and the bilateral level. Given the small domestic market size, the NOIP of Austria does not reflect the high level of development in terms of GDP. Several explanations for the below-average NOIP of Austria are provided. (author's abstract)

Item Type: Paper
Keywords: foreign direct investment / Austria / multinational enterprises
Classification Codes: JEL F21, F23, O10
Divisions: Departments > Volkswirtschaft
Depositing User: Repository Administrator
Date Deposited: 28 Feb 2002 13:36
Last Modified: 13 Sep 2014 05:03
URI: http://epub.wu.ac.at/id/eprint/1156

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