Emerging economies' attraction of foreign direct investment. .作者:Groh, Alexander Peter1
groh@em-lyon.com
Wich, Matthias2
matthias.wich@gmail.com.
来源:Emerging Markets Review; Jun2012, Vol. 13 Issue 2, p210-229, 20p.
文献类型:Article.
主题语:*EMERGING markets
*FOREIGN investments
*SOCIOECONOMICS
*DECISION making
*ECONOMICS -- Research
ROBUST control
COMPARATIVE studies.
作者提供的关键字:F43
O16
O57.
NAICS/Industry Codes :522293 International Trade Financing.
摘要:Abstract: This paper uses a composite measure to examine why some countries attract more foreign direct investment (FDI) than others. The measure considers all identified, measurable, and comparable socioeconomic aspects that affect FDI decisions on an aggregated country level. As a result, we can rank 127 countries with respect to their FDI attraction. The measure allows detailed strength and weakness analyses and enhances the discussion of why FDI flows are concentrated in advanced economies. Additionally, the findings reveal the areas in which emerging countries should improve in order to narrow existing gaps. Our robustness checks indicate that the composite measure accurately tracks real FDI activity. [Copyright &y& Elsevier].
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作者单位:1EMLYON Business School, 23 Avenue Guy de Collongue, 69134 Ecully, France
2Darmstadt University of Technology, Darmstadt, Germany.