27-37

• Samanovic, Maja
• Cukusic, Maja
• Jadrić, Mario

The aim of this paper is to establish connections between 25 quantitative indicators on business regulations, laws and the protection of property rights, and the amount of foreign direct investment that can be expected accordingly. In this area, a growing number of econometric and survey-based studies have been published already. Their focus is mostly on the macroeconomic factors which determine the level of FDI in a country, but relatively few studies cover the link between FDI and laws, regulations and institutional arrangements that shape the daily economic activity in every country. For the purposes of this research publicly available databases from the Internet were used. The data mining rule-based approach, CN2 rule method was used. The findings of this research could be used to build an expert system for predicting the amount of FDI, based on the input of relevant business indicators.

• Economics and Business
• Computer and information sciences

• Macroeconomics
• Financial management
• Statistics

foreign direct investments, business regulations, data mining, CN2 rule induction algorithm

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