Kinoshita,Krkoska,Lipschitzetal.)whichareconsideredhere.Indeed,weonlywanttoanswertwoquestions.First:Didforeigntakeovers,apredominantformofFDIindevelopedtransitioncountries,enhancetheireconomicgrowthduringthepost-transitionperiod?Secondly:Ifnot,whatwerethereasons?DataWeshallconcentrateonaverynarrowsamplebothregardingthesetofthecountriesandtheperiodincluded.ThesampleconsistsofeightEUcandidates–CzechRepublic,Estonia,Hungary,Latvia,Lithuania,Poland,Slovakia,andSlovenia–inthepost-transitionperiod,whichisalsotheperiodoftheirgradualaccessiontoEUandhighrelianceonFDI.Thenarrowingofthesampletoonlyeightcountriesandtothepost-transitionperiodonaccountofthenumberofobservationsisdeliberate;itisbasedonexperienceswithtransitionprocessesindifferentcountrygroups.First,wetrytoobserveasetofcountrieswithcommoninstitutionalandculturalcharacteristics,aparticulargrowthexperience,andataparticularlevelofdevelopment.Onl