Journal article | Zeitschriftenartikel
Competing-Destinations Gravity Model: An Application to the Geographic Distribution of FDI
The competing-destinations formulation of the gravity model ensues from the fact that unlike the classical version, this approach explicitly acknowledges the interdependence of the flows between a set of alternative locations, i.e. countries-recipients are competing for FDI. This paper examines empirically a range of theoretical hypotheses about the determinants of FDI location in a panel data regression framework. The results of the estimation of a gravity model lend support to the proximity-concentration and internalization hypotheses. Also, the fact that FDI has been found to be decreasing in the competition posed by alternative locations is suggestive of the superiority of the competing-destinations version of the gravity equation over its classical formulation.
- Umfang
-
Seite(n): 2237-2253
- Sprache
-
Englisch
- Anmerkungen
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Status: Postprint; begutachtet (peer reviewed)
- Erschienen in
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Applied Economics, 41(17)
- Ereignis
-
Geistige Schöpfung
- (wer)
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Mello-Sampayo, Felipa de
- Ereignis
-
Veröffentlichung
- (wann)
-
2009
- DOI
- URN
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urn:nbn:de:0168-ssoar-241796
- Rechteinformation
-
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
- Letzte Aktualisierung
-
21.06.2024, 16:27 MESZ
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Objekttyp
- Zeitschriftenartikel
Beteiligte
- Mello-Sampayo, Felipa de
Entstanden
- 2009