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Location Determinants of Japanese Multinationals in Poland

Location Determinants of Japanese Multinationals in Poland: Do Special Economic Zones Really Matter for Investment Decisions?

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We investigate the location determinants of Japanese multinationals in Poland using a regional data set from 1991 to 2001. Special attention is placed on the geographically targeted investment incentives (Special Economic Zones, SEZs) that were created during this period. Controlling for a more comprehensive set of region-specific characteristics than previously employed to evaluate SEZ importance, we find that our results are broadly consistent with previous FDI location choice studies. However, unlike other studies, the SEZ measure`s statistical significance disappears when we control for a number of additional regional characteristics.

Ⅰ. Introduction

Ⅱ. Analytical Framework and Statistical Methodology

Ⅲ. Data and Explanatory Variables

Ⅳ. Estimation Results

Ⅴ. Conclusion

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