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Determinants of Spanish Foreign Direct Investment in Morocco

Author

Listed:
  • Diego Quer
  • Enrique Claver

Abstract

Despite its cultural distance, Morocco is becoming an interesting target country for foreign direct investment (FDI) from Spanish firms. Several factors facilitate this process: Morocco's geographical proximity, strategic location, emerging market, political stability, and workforce, as well as the know-how the country needs to complete its economic development. Based on traditional theories about FDI and the resource-based view of the firm, this paper analyzes the influence that various firm-specific factors may have exerted on the ownership structure of investments in Morocco. Our results suggest that Spanish firms that have chosen full ownership investments without the support of a partner have more than one investment in Morocco, and accumulate more experience in using that investing strategy in other countries.

Suggested Citation

  • Diego Quer & Enrique Claver, 2007. "Determinants of Spanish Foreign Direct Investment in Morocco," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 43(2), pages 19-32, April.
    • Handle: RePEc:mes:emfitr:v:43:y:2007:i:2:p:19-32
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    Cited by:

    1. Julien Jacqmin, 2018. "The role of market-oriented institutions in the deployment of renewable energies: evidences from Europe," Applied Economics, Taylor & Francis Journals, vol. 50(2), pages 202-215, January.

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