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Location decision for foreign direct investment in ASEAN countries (A TOPSIS Approach)

Author

Listed:
  • Karimi, Mohammad sharif
  • Yusop, Zulkornain
  • Siong Hook, Law

Abstract

TOPSIS approach is applied to select the most suitable ASEAN countries for attracting FDI inflows. The proposed approach also provides a relatively simple tool for this strategic decision making problem. Within the model, ten indicators are defined as determinants of FDI inflows. By using TOPSIS method, the capacity and attraction of ASEAN countries is evaluated and given final rank for period 2000-2005. Results indicate that Singapore is the most attractive for investment among ASEAN countries while ranking of some countries have changed during these years.

Suggested Citation

  • Karimi, Mohammad sharif & Yusop, Zulkornain & Siong Hook, Law, 2009. "Location decision for foreign direct investment in ASEAN countries (A TOPSIS Approach)," MPRA Paper 15000, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:15000
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    File URL: https://mpra.ub.uni-muenchen.de/15000/1/MPRA_paper_15000.pdf
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    References listed on IDEAS

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    1. Bruce A. Blonigen & Ronald B. Davies & Glen R. Waddell & Helen T. Naughton, 2019. "FDI in Space: Spatial Autoregressive Relationships in Foreign Direct Investment," World Scientific Book Chapters, in: Foreign Direct Investment, chapter 2, pages 55-88, World Scientific Publishing Co. Pte. Ltd..
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    5. Robert E. Lipsey, 2001. "Foreign Direct Investors in Three Financial Crises," NBER Working Papers 8084, National Bureau of Economic Research, Inc.
    6. Wheeler, David & Mody, Ashoka, 1992. "International investment location decisions : The case of U.S. firms," Journal of International Economics, Elsevier, vol. 33(1-2), pages 57-76, August.
    7. Steven Globerman & Daniel M Shapiro, 1999. "The Impact of Government Policies on Foreign Direct Investment: The Canadian Experience," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 30(3), pages 513-532, September.
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    Cited by:

    1. Kenny Baumli & Tooraj Jamasb, 2020. "Assessing Private Investment in African Renewable Energy Infrastructure: A Multi-Criteria Decision Analysis Approach," Sustainability, MDPI, vol. 12(22), pages 1-19, November.

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    More about this item

    Keywords

    Foreign direct investment; ASEAN; Ranking; TOPSIS;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • C82 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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