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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w16704 |
来源ID | Working Paper 16704 |
Determinants of Foreign Direct Investment | |
Bruce A. Blonigen; Jeremy Piger | |
发表日期 | 2011-01-18 |
出版年 | 2011 |
语种 | 英语 |
摘要 | Empirical studies of bilateral foreign direct investment (FDI) activity show substantial differences in specifications with little agreement on the set of covariates that are (or should be) included. We use Bayesian statistical techniques that allow one to select from a large set of candidates those variables most likely to be determinants of FDI activity. The variables with consistently high inclusion probabilities are traditional gravity variables, cultural distance factors, parent-country per capita GDP, relative labor endowments, and regional trade agreements. Variables with little support for inclusion are multilateral trade openness, host country business costs, host-country infrastructure (including credit markets), and host-country institutions. Of particular note, our results suggest that many covariates found significant by previous studies are not robust. |
主题 | Econometrics ; Estimation Methods ; International Economics ; International Factor Mobility |
URL | https://www.nber.org/papers/w16704 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574379 |
推荐引用方式 GB/T 7714 | Bruce A. Blonigen,Jeremy Piger. Determinants of Foreign Direct Investment. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w16704.pdf(186KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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