SEARCHING FOR HUMAN CAPITAL DETERMINANTS OF FOREIGN
  DIRECT INVESTMENT INFLOWS IN THE EU NEW MEMBER STATES

                             Ioan Talpos, West University of Timişoara
                            Cosmin Enache, West University of Timişoara


ABSTRACT: The specific levels and patterns of foreign direct investment in the Central and Eastern
European countries could not be fully explained taking into account only the traditional economic
determinants, as shown in the empirical studies undertaken so far. Hence, we search for some
foreign direct investment determinants related with human capital, using panel data techniques, and
show that some of the human capital measures are positively correlated with foreign direct
investment inflows in Central and Eastern Europe.

Key words: foreign direct investment, human capital

JEL codes: F21, J24, C23