FDI in space: Spatial autoregressive relationships in foreign direct investment

被引：313

作者：

Blonigen, Bruce A. ^{[1
]}

Davies, Ronald B. ^{[1
]}

Waddell, Glen R. ^{[1
]}

Naughton, Helen T. ^{[1
]}

机构：

[1] Univ Oregon, Dept Econ, Eugene, OR 97403 USA

来源：

EUROPEAN ECONOMIC REVIEW | 2007年 / 51卷 / 05期

关键词：

foreign direct investment; multinational enterprises; spatial econometrics;

D O I：

10.1016/j.euroecorev.2006.08.006

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

There are a number of theoretical reasons why foreign direct investment (FDI) into a host country may depend on the FDI in proximate countries. Such spatial interdependence has been largely ignored by the empirical FDI literature, with only a couple recent papers accounting for such issues in their estimation. This paper conducts a general examination of spatial interactions in empirical FDI models using data on US outbound FDI activity. We find that estimated relationships of traditional determinants of FDI are surprisingly robust to inclusion of terms to capture spatial interdependence, even though such interdependence is estimated to be significant. However, we find that both the traditional determinants of FDI and the estimated spatial interdependence are quite sensitive to the sample of countries one examines. (c) 2006 Elsevier B.V. All rights reserved.

引用

页码：1303 / 1325

页数：23

共 31 条

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