Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/45903
Authors: 
Nunnenkamp, Peter
Mukim, Megha
Year of Publication: 
2011
Series/Report no.: 
Kiel Working Paper 1697
Abstract: 
We assess the location choices of 6,020 foreign and non-resident Indian investors at the level of Indian districts. Employing conditional logit models, we find that clustering of FDI is driven strongly by herding among investors from both, the same and other countries of origin. However, the behaviour of non-resident Indians and German investors is strikingly different from the general pattern.
Subjects: 
Location choice
FDI
country of origin
Indian districts
conditional logit
JEL: 
F23
R12
Document Type: 
Working Paper

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