Theoretical and Applied Economics
No. 4 / 2020 (625), Winter
What determines the portfolio investment flows to Central and Eastern European Countries in the European Union 2001-2017?
Temple University, Philadelphia, USA
Abstract. This study estimates whether the Central and Eastern European (CEE) financial market integration and higher trade flows can explain the foreign portfolio investment inflows since EU accession during 2001-2017. The results suggest that the stock market development has facilitated the foreign portfolio equity flows during the European Union (EU) and crisis periods. But it only has positive effect on the foreign portfolio debt flows during the EU period. In contrast, the banking sector development has very weak effect on the foreign portfolio investment. The higher bank development has only increased the foreign portfolio equity flows during the EU period.
Keywords: economic integration; European Union; portfolio investment; financial market.
Download the full article: 
Contents
- The European Union in the face of the prospect of achieving
major objectives in the conditions of the pandemic
and economic-financial crisis
Gabriela Victoria ANGHELACHE
Ștefan Daniel ARMEANU
Constantin ANGHELACHE
- Analysis of the correlation between taxation indicators
and economic growth at the macroeconomic level
in European Union and Romania
Cătălina MOTOFEI
- Measuring Adobe Company performance
from the perspective of a Complex Adaptive System
Nora CHIRIȚĂ
Andrei VIȘAN
Mihaela POPESCU
- Welfare enhancing uncertainty
Sravaitri CHAUDHURI
- Business process modeling.
Using Unified Modeling Language to streamline
the design of the TO-BE system within a company
Ionuț NICA
Ștefan IONESCU
- Static and dynamic analysis
of intra-industry trade of BRICS countries
Kuldeep Kumar LOHANI
- Fossil fuel consumption, economic growth and CO2 emissions.
Causality evinced from the BRICS world
Rochna ARORA
Dr. Baljit KAUR
- Methods used in risk financing
Ana Maria POPESCU
Ștefan Virgil IACOB
Alina Eliza DABIJA
- Analyzing Romania GDP:
Final consumption, gross investment, and net exports
influence compared to previously published models
Alexander I. VILLANUEVA
- Analysis of the natural movement of the population
under the spectrum of the health crisis
Constantin ANGHELACHE
Mădălina-Gabriela ANGHEL
Ștefan Virgil IACOB
- Testifying the role of regulatory environment in trade facilitation: Impact on intra-regional trade in South-Asia
Tanya GANDHI
Shahid AHMED
- India and trade blocs: A gravity model analysis
Arjun SINGH
Dr. S.P. PADHI
- Predicting the volatility in stock return of emerging economy:
An empirical approach
Aastha KHERA
Dr. Miklesh Prasad YADAV
- Portfolio optimization with VaR approach:
A comparative analysis for Japan, London, New York and India
Parul BHATIA
Priya GUPTA
- Income-dependent impacts of financial development
and human capital on economic growth.
A non-stationary panel analysis
Mohsen MOHAGHEGH
A.S. VALIPOUR
- Monetary policy and exchange rate pass-through in India
Bhavish SHARMA
- Impact of medium of instruction in education
on economic growth and development
Durbhita V VAISHNAV
- Institutions and economic growth:
A comparative analysis of developing
and developed countries based on institutionalized
social technologies index
Danish Ahmed SIDDIQUI
Qazi Masood AHMED
- Exports, imports and economic growth in India:
An empirical analysis
K. Krishna REDDY
- BEPS – A challenge for the increasing budget revenues
in the process of digitalization
Ionuț MIȘA
Meral KAGITCI
- Implementation of public policies.
The compatibility of the model of public policy
with the target space of the policy
Luminița Gabriela POPESCU
- Fiscal sustainability in Romania
Ioan-Radu PETRARIU
Lucian Constantin VÎLCU
Iulian Cornel LOLEA
Liana VLADU
