Arbeitspapier

Determinants of FDI in developing countries: has globalization changed the rules of the game?

There is a startling gap between, allegedly, globalization-induced changes in international competition for foreign direct investment (FDI) and recent empirical evidence on the relative importance of determinants of FDI in developing countries. We show that surprisingly little has changed since the late 1980s. Traditional market-related determinants are still dominant factors. Among non-traditional FDI determinants, only the availability of local skills has clearly gained importance. As concerns the interface between trade policy and FDI, we find that the tariff jumping motive for FDI had lost much of its relevance well before globalization became a hotly debated issue.

Sprache
Englisch

Erschienen in
Series: Kiel Working Paper ; No. 1122

Klassifikation
Wirtschaft
International Investment; Long-term Capital Movements
Thema
market size
cost factors
human capital
openness to trade
globalization
foreign direct investment
Direktinvestition
Landesgröße
Standortfaktor
Humankapital
Politik der offenen Tür
Globalisierung
Schätzung
Entwicklungsländer

Ereignis
Geistige Schöpfung
(wer)
Nunnenkamp, Peter
Ereignis
Veröffentlichung
(wer)
Kiel Institute for World Economics (IfW)
(wo)
Kiel
(wann)
2002

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Nunnenkamp, Peter
  • Kiel Institute for World Economics (IfW)

Entstanden

  • 2002

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