Impact of FDI in Economic Value Added

Rastislav Rajnoha, Martina Kánová

Impact of FDI in Economic Value Added

Číslo: 2/2022
Periodikum: Acta Montanistica Slovaca
DOI: 10.46544/AMS.v27i2.19

Klíčová slova: Renewable natural resources mining; Wood, paper and furniture industry; Industry performance; Foreign direct investment (FDI); Slovakia; Economic value added (EVA).

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Anotace: The traditional methods used in the past to assess the benefits of

foreign direct investments (FDI) are no longer applicable. The
presented study deals with the issue of increasing the potential of
the renewable natural resources mining industries and increasing its
efficiency and competitiveness through the specific methodology of
industries performance measurement and diagnostic of the effects of
FDI. The objective of the research was to analyse FDI in Slovakia
and other countries of the Visegrad Four, identify significant
measurable effects of the FDI impact on the development of the
wood, paper and furniture sector in Slovakia as well as quantify the
economic performance of given industries based on the EVA
model. Appropriate mathematical and statistical methods were used
in the research of interdependencies between quantitative variables.
In two-dimensional inductive statistics, we applied correlation and
linear regression analysis and analysis of variance (ANOVA). The
results of the research should support investment decision-making
in business and industry investment strategy to aim for the
economic development of the renewable natural resources mining
industries. Simultaneously, we offer a new methodology for
evaluating the potential and economic performance of other Slovak
mining industries, other post-communist European countries, and
potential investors worldwide.