What drives FDI from non-traditional sources? A comparative analysis of the determinants of bilateral FDI flows

Arbeitspapier

Non-traditional source countries of FDI play an increasingly important role, notably in developing host countries. This raises the question of whether the determinants of FDI differ systematically between traditional and non-traditional source countries. We perform Logit and Poisson Pseudo Maximum Likelihood estimations drawing on UNCTAD's database on bilateral FDI flows, including various emerging and developing countries as sources of FDI outflows. We find that economic geography variables are more relevant for FDI from non-traditional sources, while non-traditional investors appear to be as risk adverse as traditional investors. Access to raw materials represents a less important driving force of FDI from non-traditional sources. The differences are less pronounced for other types of FDI.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Kiel Working Paper ; No. 1755

Classification and Topics

• Classification: Wirtschaft ; International Investment; Long-term Capital Movements
• Subject: FDI flows ; types of FDI ; source-host country pairs ; location choices ; gravity-type models ; Direktinvestition ; Entwicklungsländer-seitig ; Schwellenländer-seitig ; Standortwahl ; Gravitationsmodell ; Welt ; Entwicklungsländer ; Schwellenländer

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Sosa Andrés, Maximiliano ; Nunnenkamp, Peter ; Busse, Matthias
• Event: Veröffentlichung
• (who): Kiel Institute for the World Economy (IfW)
• (where): Kiel
• (when): 2012

Further information

• Handle: http://hdl.handle.net/10419/55274
• Last update: 10.03.2025, 11:43 AM CET