Determinants of Inflow of Foreign Direct Investment in Hungary and China: Time-Series ApproachThis paper is a slightly revised version of a paper presented at the 8th Annual Congress of the European Economic Association, 26–29 August 1993, Helsinki, Finland. The authors would like to thank Professor W. R. Lee, Dr B. J. Foley, Dr P. Michael and the referees for their helpful comments on earlier versions of this paper; any remaining errors are the authors’ own responsibility. Financial support from the University of Liverpool and the ORS committee is gratefully acknowledged. Zhen Quan Wang is at, and Nigel J. Swain is Deputy Director of, The University of Liverpool, 11 Abercromby Square, PO Box 147, Liverpool L69 3BX.