Impact of FDI in economic value added: Empirical study in terms of renewable natural resources mining within wood-processing Industry

Rajnoha, Rastislav; Kánová, Martina

dc.title	Impact of FDI in economic value added: Empirical study in terms of renewable natural resources mining within wood-processing Industry	en
dc.contributor.author	Rajnoha, Rastislav
dc.contributor.author	Kánová, Martina
dc.relation.ispartof	Acta Montanistica Slovaca
dc.identifier.issn	1335-1788 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued	2022
utb.relation.volume	27
utb.relation.issue	2
dc.citation.spage	537
dc.citation.epage	552
dc.type	article
dc.language.iso	en
dc.publisher	Technical University of Kosice
dc.identifier.doi	10.46544/AMS.v27i2.19
dc.relation.uri	https://actamont.tuke.sk/ams2022.html
dc.relation.uri	https://actamont.tuke.sk/pdf/2022/n2/19rajnoha.pdf
dc.subject	renewable natural resources mining	en
dc.subject	wood, paper and furniture industry	en
dc.subject	industry performance	en
dc.subject	Foreign Direct Investment (FDI)	en
dc.subject	Slovakia	en
dc.subject	Economic Value Added (EVA)	en
dc.description.abstract	The traditional methods used in the past to assess the benefits of foreign direct investments (FDI) are no longer applicable.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.	en
utb.faculty	Faculty of Management and Economics
dc.identifier.uri	http://hdl.handle.net/10563/1011099
utb.identifier.obdid	43883960
utb.identifier.scopus	2-s2.0-85135321584
utb.identifier.wok	000834987800017
utb.source	j-scopus
dc.date.accessioned	2022-08-17T13:17:26Z
dc.date.available	2022-08-17T13:17:26Z
dc.description.sponsorship	Ministerstvo školstva, vedy, výskumu a športu Slovenskej republiky: APVV-19-0612, VEGA-1/0711/21
dc.description.sponsorship	Ministry of Education, Science, Research and Sport of the Slovak Republic [VEGA1/0711/21, APVV-19-0612]
dc.rights	Attribution 4.0 International
dc.rights.uri	https://creativecommons.org/licenses/by/4.0/
dc.rights.access	openAccess
utb.contributor.internalauthor	Rajnoha, Rastislav
utb.fulltext.affiliation	Rastislav RAJNOHA1* and Martina KÁNOVÁ2 Authors' affiliations and addresses: 1 Faculty of Management and Economics Tomas Bata University in Zlín T. G. Masaryka 5555 CZ-76001 Zlín, Czech Republic e-mail: rajnoha@utb.cz 2 Department of Economics, Management and Business Technical University in Zvolen T. G. Masaryka 24 SK-96001 Zvolen, Slovakia e-mail: martina.kanova@tuzvo.sk *Correspondence: Rastislav Rajnoha, Faculty of Management and Economics, Tomas Bata University in Zlín T. G. Masaryka 5555 CZ-76001 Zlín, Czech Republic e-mail: rajnoha@utb.cz tel.: +421905799196
utb.fulltext.dates	-
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utb.fulltext.sponsorship	The research was carried out within the projects of the Ministry of Education, Science, Research and Sport of the Slovak Republic: VEGA1/0711/21; APVV-19-0612.
utb.wos.affiliation	[Rajnoha, Rastislav] Tomas Bata Univ Zlin, Fac Management & Econ, TG Masaryka 5555, CZ-76001 Zlin, Czech Republic; [Kanova, Martina] Tech Univ Zvolen, Dept Econ Management & Business, TG Masaryka 24, SK-96001 Zvolen, Slovakia
utb.scopus.affiliation	Faculty of Management and Economics, Tomas Bata University in Zlín, T. G. Masaryka 5555, Zlín, CZ-76001, Czech Republic; Department of Economics, Management and Business, Technical University in Zvolen, T. G. Masaryka 24, Zvolen, SK-96001, Slovakia
utb.fulltext.projects	VEGA1/0711/21
utb.fulltext.projects	APVV-19-0612
utb.fulltext.faculty	Faculty of Management and Economics
utb.fulltext.ou	-
utb.identifier.jel	-