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The location determinants of foreign direct investment in transition economies
| Content Provider | Semantic Scholar |
|---|---|
| Author | Kinoshita, Yuko |
| Copyright Year | 2002 |
| Abstract | The objective of this paper is to investigate the determinants of foreign direct investment inflows in the transition economies between 1990 and 1998. The paper brings two innovations. One is the attention to the effect of agglomeration, an issue that has been highlighted recently in the works of Economic Geography. The second innovation is that we look at all transition countries instead of focusing on, for instance, EU candidates. We find that the main determinants of FDI in transition are agglomeration, the degree of external liberalization, and the quality of the bureaucracy. We also find an important difference between CEE and CIS countries. The agglomeration effect is greater for CIS countries than in non-CIS countries. For non-CIS countries, the more liberalized the trade regime is, the more FDI they attract. For CIS countries, availability of skilled labor and the rule of law are the main factors influencing FDI flows. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://project.iss.u-tokyo.ac.jp/nakagawa/members/papers/3(9)kinoshita.final.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
