| Abstract [eng] |
The influence of infrastructure for country‘s economic growth is being examined in numerous foreign and Lithuanian sources. However, the research conducted by foreign scientists show significant influence of the country’s infrastructure stimulating/attracting FDI and increasing the competiveness of the country. Adequate infrastructure should improve the investment climate of the country by attracting FDI. FDI plays an important role in dynamic economic growth of the country. The majority of questions under investigation associated with FDI are classical, i.e. the comparable size of the market, the size of the country, the economic openness of the country, the political stability of the country, etc. However, the factor of infrastructure as a variable, while analysing FDI flows, is encountered more and more often in the analysis of foreign scientists. This paper is aimed at assessing the impact of the country’s infrastructure for FDI flows in the Baltic states. The object of the paper: the infrastructures and FDI of the Baltic states. The objectives of the paper: • To define the concept of infrastructure, single out the sectors, and identify its characteristics after conducting the empirical analysis of the literature. • To analyse the importance of infrastructure in the economical growth of the country, its competitiveness, and FDI. • To review the research of Lithuanian and foreign scientists on the subject matter. • To analyse the qualitative and quantitative indicators of infrastructure of the Baltic states. • To determine if infrastructure has an impact on FDI in the Baltic states after conducting the statistical regression analysis. The statistical model implied in the paper indicated that the sectors of infrastructure in the Baltic states have strong positive correlation with FDI. However, the implied model has also showed that the sectors of infrastructure in the Baltic states have no value in attracting FDI. Therefore, these countries should focus on other economic variables that affect FDI flows. Master thesis consists of: 61 pages (excluding appendixes), 18 tables, 13 figures, and 13 appendixes. 68 sources of scientific literature and 2 databases were quoted in this paper. |
