Determinants of Foreign Direct Investment in Developing Countries: A Panel Data Analysis
AbstractThe aim of this paper is to explore, by estimating a panel data econometric model, the determining factors of foreign direct investment (FDI) inflows in developing countries over the period of 1990-2007. The study is based on a sample of panel data on 25 developing countries. In the model, dependent variable is FDI inflows. Independent variables are FDI outflows, GDP, BOP, population, openness of the economy, mobile, internet, technology, ODA and labor. According to the econometric results, in the main model, openness of the economy, market size, availability of labour force, ODA, mobile, technology and internet have positive effects on FDI inflows in developing countries.
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Bibliographic InfoArticle provided by Asian Economic and Social Society in its journal Asian Economic and Financial Review.
Volume (Year): 1 (2011)
Issue (Month): 2 (June)
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Developing Countries; FDI Inflows; Panel data Analysis and Determinants of FDI;
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