Profits from UK Foreign Direct Investment ‐ A view from the micro‐data
SummaryThis article uses the Annual Foreign Direct Investment survey to investigate the changing patterns and the determinants of profits from the foreign subsidiaries of UK‐based multinational enterprises. The results show that these profits are greatest in countries which are closely related to the UK historically, linguistically and geographically ‐particularly the USA and the Netherlands. However, low tax economies and the BRICs (Brazil, Russia, India and China) are also becoming more significant. Econometric analysis shows that factors such as openness to trade, GDP per capita, population, human capital and unit labour costs help to explain the level of these profits.
Volume (Year): 5 (2011)
Issue (Month): 4 (April)
|Contact details of provider:|| Web page: http://www.palgrave-journals.com/|
Web page: https://www.ons.gov.uk/
|Order Information:||Web: http://www.springer.com/economics/journal/41318|
When requesting a correction, please mention this item's handle: RePEc:pal:ecolmr:v:5:y:2011:i:4:p:108-117. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Rebekah McClure)
If references are entirely missing, you can add them using this form.