Badinger, Harald, Egger, Peter. 2017. Spacey Parents and Spacey Hosts in Foreign Direct Investment. Economica, 84 (335), 480-497.
BibTeX
Abstract
Shocks on FDI of some parent country in a host affect the same parent's FDI in other hosts. Shocks on a parent's FDI in some host affect other parents' FDI in the same host. In general equilibrium, shocks on FDI between any country pair will affect all country pairs' FDI. Using cross-sectional data on FDI among 22 OECD countries in 2000, we use a spatial estimation framework to allow for all three modes of interdependence simultaneously, thereby distinguishing between market-size-related and remainder interdependence. Our results highlight the complexity of multinational enterprises' investment strategies and the interconnectedness of the world investment system.
Tags
Press 'enter' for creating the tagPublication's profile
Status of publication | Published |
---|---|
Affiliation | WU |
Type of publication | Journal article |
Journal | Economica |
Citation Index | SSCI |
WU Journalrating 2009 | A |
WU-Journal-Rating new | FIN-A, VW-C, WH-B |
Language | English |
Title | Spacey Parents and Spacey Hosts in Foreign Direct Investment |
Volume | 84 |
Number | 335 |
Year | 2017 |
Page from | 480 |
Page to | 497 |
Reviewed? | Y |
DOI | http://dx.doi.org/10.1111/ecca.12177 |
Open Access | N |
Associations
- People
- Badinger, Harald (Details)
- External
- Egger, Peter (ETH Zürich, Switzerland)
- Organization
- Institute for International Economics IN (Details)
- Research Institute for European Affairs FI (Details)
- Research areas (ÖSTAT Classification 'Statistik Austria')
- 5115 European integration (Details)
- 5323 Econometrics (Details)
- 5335 Political economic theory (Details)