Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/55143 
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dc.contributor.authorAntonakakis, Nikolaosen
dc.contributor.authorTondl, Gabrieleen
dc.date.accessioned2012-01-31-
dc.date.accessioned2012-02-08T09:02:59Z-
dc.date.available2012-02-08T09:02:59Z-
dc.date.issued2012-
dc.identifier.urihttp://hdl.handle.net/10419/55143-
dc.description.abstractThe main objective of this paper is to examine the determining factors of outward FDI from four major OECD investors US, Germany, France and the Netherlands to developing countries located in different world regions. Our goal is to elucidate whether the motivation for FDI differs among these investors. Rather than relying on specific theories of FDI determinants we examine them all simultaneously employing Bayesian Model Averaging (BMA) in a panel data set with 129 FDI destinations in 5 geographical regions over the period 1995-2008. This approach permits us to select the most appropriate model that governs FDI allocation and to distinguish robust FDI determinants. We find that all our investors search for destinations with whom they have established intensive trade relations and that offer a qualified labor force. However, low wages and attractive tax rates are robust investment criteria too, and a considerable share of FDI is still resource-driven. Our investors show fairly similar strategies in the main FDI destinations.en
dc.language.isoengen
dc.publisher|aEuropa-Kolleg Hamburg, Institute for European Integration |cHamburgen
dc.relation.ispartofseries|aDiscussion Paper |x1/12en
dc.subject.jelC11en
dc.subject.jelF0en
dc.subject.jelF21en
dc.subject.ddc320en
dc.subject.keywordFDI determinantsen
dc.subject.keywordBayesian Model Averagingen
dc.subject.keywordOECDen
dc.subject.keyworddeveloping countriesen
dc.subject.keywordUSen
dc.subject.keywordGermanyen
dc.subject.keywordFranceen
dc.subject.keywordNetherlandsen
dc.titleDo determinants of FDI to developing countries differ among OECD investors? Insights from Bayesian model averaging-
dc.typeWorking Paperen
dc.identifier.ppn68442312Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ekhdps:112en

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