Konstantinos Dellis, David Sondermann, I. Vansteenkiste
{"title":"Determinants of FDI Inflows in Advanced Economies: Does the Quality of Economic Structures Matter?","authors":"Konstantinos Dellis, David Sondermann, I. Vansteenkiste","doi":"10.2866/85838","DOIUrl":null,"url":null,"abstract":"This paper investigates the role of economic structures as determinants of FDI inows. We expand on the existing literature by focusing on advanced economies, using a newly available measure of FDI which cleans the data from statistical artefacts, such as financial round tripping, and by relying on a wide variety of measures that proxy the quality of a country’s economic structures. Our results show that there is an empirical relation from the quality of a host country’s economic structures to FDI inflows. These results are robust to various economic specifications and are confirmed when restricting our sample to euro area countries only. JEL Classification: F21, F23, L51, O43","PeriodicalId":288608,"journal":{"name":"ERN: Capital","volume":"37 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2017-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"73","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"ERN: Capital","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2866/85838","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 73
Abstract
This paper investigates the role of economic structures as determinants of FDI inows. We expand on the existing literature by focusing on advanced economies, using a newly available measure of FDI which cleans the data from statistical artefacts, such as financial round tripping, and by relying on a wide variety of measures that proxy the quality of a country’s economic structures. Our results show that there is an empirical relation from the quality of a host country’s economic structures to FDI inflows. These results are robust to various economic specifications and are confirmed when restricting our sample to euro area countries only. JEL Classification: F21, F23, L51, O43