Determinants of inward foreign direct investment: comparison across different country groups, 1996-2016

• Minakshee Das ^[1]
  1. [1] University of Lubljana, Slovenia
• Localización: Applied econometrics and international development, ISSN 1578-4487, Vol. 20, Nº. 1, 2020, págs. 5-22
• Idioma: inglés
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• Resumen

  • This paper analyses the factors determining inward foreign direct investment, particularly the role of economic, natural endowments and political characteristics of the host country. It expands on the existing literature by focusing on four broad groups of countries? advanced, emerging-market, developing and transition economies, comprising of more than 100 countries in a panel data setting for the period 1996 ? 2016. The paper also examines the scenario during the major economic crises? Asian crisis, Dotcom Bubble, Global Financial crisis and Sovereign Debt crisis. The results indicate that the determinants of inward foreign direct investment have changed over time and that the patterns are not uniform across the four country groups. These results have important implications for the policy makers as they can help to identify the regional factors that attract capital inflows