EconStor >
Institut für Weltwirtschaft (IfW), Kiel >
Kieler Arbeitspapiere, IfW >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/55274
  
Title:What drives FDI from non-traditional sources? A comparative analysis of the determinants of bilateral FDI flows PDF Logo
Authors:Sosa Andrés, Maximiliano
Nunnenkamp, Peter
Busse, Matthias
Issue Date:2012
Series/Report no.:Kiel Working Papers 1755
Abstract:Non-traditional source countries of FDI play an increasingly important role, notably in developing host countries. This raises the question of whether the determinants of FDI differ systematically between traditional and non-traditional source countries. We perform Logit and Poisson Pseudo Maximum Likelihood estimations drawing on UNCTAD's database on bilateral FDI flows, including various emerging and developing countries as sources of FDI outflows. We find that economic geography variables are more relevant for FDI from non-traditional sources, while non-traditional investors appear to be as risk adverse as traditional investors. Access to raw materials represents a less important driving force of FDI from non-traditional sources. The differences are less pronounced for other types of FDI.
Subjects:FDI flows
types of FDI
source-host country pairs
location choices
gravity-type models
JEL:F21
Document Type:Working Paper
Appears in Collections:Kieler Arbeitspapiere, IfW
Publikationen von Forscherinnen und Forschern des IfW

Files in This Item:
File Description SizeFormat
684406179.pdf356.78 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/55274

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.