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Bestimmungsgründe deutscher Direktinvestitionen in Entwicklungs- und Reformländern — Hat sich wirklich etwas verändert?

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Author Info
Thomas Jost
Peter Nunnenkamp
Abstract

Es wird häufig vermutet, dass sich die Bestimmungsgründe ausländischer Direktinvestitionen im Prozess der Globalisierung nachhaltig verändert haben. Diese These wird am Beispiel der deutschen Direktinvestitionen in Entwicklungs- und Reformländern korrelations- und regressionsanalytisch untersucht. Es finden sich kaum Belege dafür, dass nicht-traditionelle Determinanten im Zeitablauf an Bedeutung gewonnen haben. Vielmehr dominieren weiterhin traditionelle Faktoren wie die MarktgröÂße der Gastländer von deutschen Direktinvestitionen.

It is widely believed that the determinants of foreign direct investment have changed fundamentally in the process of globalization. We apply correlation and regression analyses in order to test this proposition for German direct investments in developing and transition economies. Indications are few that non-traditional determinants have become more important over time. We rather find that traditional determinants, notably the market size of host countries, continue to dominate German direct investments.

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Publisher Info
Paper provided by Kiel Institute for the World Economy in its series Kiel Working Papers with number 1124.

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Length: 80 pages
Date of creation: Aug 2002
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Handle: RePEc:kie:kieliw:1124

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Related research
Keywords: Direktinvestitionen; Globalisierung; Marktfaktoren; nicht-traditionelle Determinanten; handelspolitische Offenheit;

References listed on IDEAS
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  1. Jamuna Agarwal, 1980. "Determinants of foreign direct investment: A survey," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 116(4), pages 739-773, December. [Downloadable!] (restricted)
  2. Chakrabarti, Avik, 2001. "The Determinants of Foreign Direct Investment: Sensitivity Analyses of Cross-Country Regressions," Kyklos, Blackwell Publishing, vol. 54(1), pages 89-113.
  3. Edward M. Graham & Erika Wada, 2001. "Foreign Direct Investment in China: Effects on Growth and Economic Performance," Peterson Institute Working Paper Series WP01-3, Peterson Institute for International Economics. [Downloadable!]
  4. David L. Carr & James R. Markusen & Keith E. Maskus, 2001. "Estimating the Knowledge-Capital Model of the Multinational Enterprise," American Economic Review, American Economic Association, vol. 91(3), pages 693-708, June. [Downloadable!] (restricted)
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  5. Noorbakhsh, Farhad & Paloni, Alberto & Youssef, Ali, 2001. "Human Capital and FDI Inflows to Developing Countries: New Empirical Evidence," World Development, Elsevier, vol. 29(9), pages 1593-1610, September. [Downloadable!] (restricted)
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