THE IMPACT OF MACROECONOMIC INDICATORS ON BROWNFIELD INVESTMENT IN SERBIA
THE IMPACT OF MACROECONOMIC INDICATORS ON BROWNFIELD INVESTMENT IN SERBIA
Author(s): Borislav Radević, Safet Kurtović, Boris SiljkovićSubject(s): National Economy
Published by: Универзитет у Нишу
Keywords: Macroeconomic; unemployment rate; indicators; brownfield sites; liberalization
Summary/Abstract: The paper analyzes cross-section data for Serbia in the time period from 2005 to 2013. It applies multiple regression technique and measures the impact of macroeconomic variables on attracting foreign investments in brownfield sites in Serbia. The research has shown that macroeconomic indicators such as unemployment rate, average annual wages, gross domestic product, consumer price and exchange rate are statistically significant, while real GDP growth, subsidies and other transfers are statistically insignificant.
Journal: FACTA UNIVERSITATIS - Economics and Organization
- Issue Year: 12/2015
- Issue No: 4
- Page Range: 249-258
- Page Count: 10
- Language: English