Determinants of the FDI Inflow into the Visegrad Countries

Factors hinder the foreign entities business operation in Visegrad countries

“…The national government and international research agency invested heavily in capturing the actual business environment and academicians and researchers used this data to measure the business environment. (Darmo et al, 2020). Labor productivity, inflation, corporate tax, educated workforce, infrastructure, and liberal economic structure are the measured variable that impacts the FDI and create a positive business environment in V4 countries.…”

“…Entropy determines how the node should branch forest: Figure 1b depicts that the tax rate and education is the major obstacle for business operation in Hungary, these variables have a peak of minor, moderate, and major obstacles. The corporate tax, educated workforce, openness of the economy, and corruption are significant determinants in V4 countries (Darmo et al, 2020;Su et al, 2018). While the WES survey suggests the majority of the firm and enterprise's decision-makers have the opinion that access to land, crime and corruption, trade regulation, and political instability is not the barrier to operating the business in Hungary.…”

“…The Visegrad Group (V4) Czech Republic, Hungary, Poland, and Slovakia created in 1991 Countries of the V4 group emerge as a cluster of geographical areas and have a similar interest such as migration crises (Darmo et al, 2020; Su et al, 2018). The V4 countries have a common history, all four countries joined the European Union together in 2004.…”