Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/82056 
Year of Publication: 
2005
Series/Report no.: 
EPRU Working Paper Series No. 2005-09
Publisher: 
University of Copenhagen, Economic Policy Research Unit (EPRU), Copenhagen
Abstract: 
In this paper, Knowledge-Capital model estimates for a small country are compared to estimates obtained for larger economies. The model is based on unique panel data on foreign direct investment in Iceland. Estimates obtained for the Knowledge-Capital model differ considerable from what has been obtained in earlier research, indicating that the driving forces behind foreign direct investment in small countries appear to be different from those in large countries.
Subjects: 
foreign direct investment
knowledge-capital
JEL: 
F21
F23
Document Type: 
Working Paper

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