Utjecaj direktnih stranih investicija na gospodarski rast u Hrvatskoj i zemljama Višegradske grupe

master's thesis

• Title (english): Impact of direct foreign investment on economic growth in Croatia and the countries of the Visegrad Group
• Author: Lora Alijašević
• Mentor: Vladimir Arčabić (mentor)
• Committee member: Vladimir Arčabić (predsjednik povjerenstva)
• Committee member: Tomislav Globan (član povjerenstva)
• Committee member: Tomislav Sekur (član povjerenstva)
• Granter: University of Zagreb; Faculty of Economics and Business; (Department of Macroeconomics and Economic Development); Zagreb
• Defense date and country: 2024-09-30, Croatia
• Scientific / art field, discipline and subdiscipline: SOCIAL SCIENCES; Economics

Abstract

Ovaj diplomski rad istražuje utjecaj direktnih stranih investicija (FDI) na gospodarski rast u Hrvatskoj i zemljama Višegradske skupine. FDI su važan pokretač gospodarskog razvoja jer osiguravaju prijenos kapitala, tehnologije i znanja što poboljšava produktivnost i konkurentnost ekonomija. Cilj rada je analizirati kako FDI utječe na rast BDP-a koristeći ekonometrijske modele na podacima za razdoblje od 2000. do 2023. godine.
Empirijska analiza provedena je pomoću panel modela, gdje se ispituje učinak FDI-a na gospodarski rast zemalja EU. Posebna pažnja posvećena je usporedbi Hrvatske s ostalim zemljama Višegradske skupine, kako bi se identificirale sličnosti i razlike u privlačenju investicija, kao i razlozi različitih rezultata gospodarskog rasta. Rad također analizira ključne determinante FDI-a, uključujući političku stabilnost, investicijsko okruženje i ekonomske reforme.
Rezultati pokazuju da FDI imaju pozitivan učinak na gospodarski rast u analiziranim ekonomijama, ali s različitim stupnjem intenziteta. Zemlje Višegradske skupine pokazuju stabilniji rast priljeva FDI-a i pozitivniji utjecaj na BDP, dok Hrvatska zaostaje zbog sporije provedbe reformi i manje konkurentnog investicijskog okruženja. Zaključeno je da Hrvatska mora dodatno poboljšati svoje institucionalne i ekonomske uvjete kako bi bolje iskoristila potencijal stranih ulaganja te ubrzala gospodarski rast.

Abstract (english)

This thesis explores the impact of foreign direct investment (FDI) on economic growth in Croatia and the Visegrád Group countries (Poland, Czech Republic, Slovakia, and Hungary). FDI is an important driver of economic development as it enables the transfer of capital, technology, and knowledge, improving the productivity and competitiveness of economies. The aim of this study is to analyze how FDI influences the growth of gross domestic product (GDP) using econometric models based on data from the period 2000 to 2023.
The empirical analysis was conducted using a panel model, examining the effect of FDI on the economic growth of EU countries. Special attention was given to comparing Croatia with the other Visegrád Group countries to identify similarities and differences in attracting investments, as well as the reasons for differing economic growth outcomes. The paper also analyzes the key determinants of FDI, including political stability, the investment environment, and economic reforms.
The results show that FDI has a positive effect on economic growth in the analyzed economies, but with varying degrees of intensity. The Visegrád Group countries exhibit a more stable growth in FDI inflows and a more positive impact on GDP, while Croatia lags behind due to slower implementation of reforms and a less competitive investment environment. It is concluded that Croatia needs to further improve its institutional and economic conditions to better leverage the potential of foreign investments and accelerate economic growth.

• Keywords: direktne strane investicije; rast BDP-a; Hrvatska; Višegradska grupa; investicije
• Keywords (english): Foreign direct investment; GDP growth; Croatia; Visegrád Group; investments
• Language: croatian
• URN:NBN: urn:nbn:hr:148:949092
• Study programme: Title: Economics; Study programme type: university; Study level: integrated undergraduate and graduate; Academic / professional title: sveučilišni magistar ekonomije/sveučilišna magistra ekonomije (sveučilišni magistar ekonomije/sveučilišna magistra ekonomije)
• Type of resource: Text
• File origin: Born digital
• Access conditions: Access restricted to students and staff of home institution
• Created on: 2024-09-30 19:52:52