The Library
Roll out the red carpet and they will come : investment promotion and FDI inflows
Tools
Harding , Torfinn and Javorcik, Beata K. Smarzynska (2010) Roll out the red carpet and they will come : investment promotion and FDI inflows. Working Paper. Coventry, UK: Department of Economics, University of Warwick. CAGE Online Working Paper Series, Volume 2010 (Number 18).
|
Text (Working paper)
WRAP_18.2010_javorcik.pdf - Published Version Download (1089Kb) | Preview |
Official URL: http://www2.warwick.ac.uk/fac/soc/economics/resear...
Abstract
As red tape in host countries and information asymmetries constitute a
significant obstacle to investment flows across international borders, an important
policy question is: what can aspiring FDI destinations do to reduce such barriers? This
study uses newly collected data on 124 countries to examine the effects of investment
promotion on inflows of US FDI. We test whether sectors explicitly targeted by
investment promotion agencies in their efforts to attract FDI receive more investment
in the post-targeting period, relative to the pre-targeting period and non-targeted
sectors. The results of our analysis are consistent with investment promotion leading
to higher FDI flows to countries in which red tape and information asymmetries are
likely to be severe. The data suggest that investment promotion works in developing
countries but not in industrialized economies.
Item Type: | Working or Discussion Paper (Working Paper) | ||||
---|---|---|---|---|---|
Alternative Title: | |||||
Subjects: | H Social Sciences > HB Economic Theory | ||||
Divisions: | Faculty of Social Sciences > Economics | ||||
Library of Congress Subject Headings (LCSH): | Investments, Foreign -- United States, Economics -- Mathematical models | ||||
Series Name: | CAGE Online Working Paper Series | ||||
Publisher: | Department of Economics, University of Warwick | ||||
Place of Publication: | Coventry, UK | ||||
Official Date: | June 2010 | ||||
Dates: |
|
||||
Volume: | Volume 2010 | ||||
Number: | Number 18 | ||||
Number of Pages: | 40 | ||||
Status: | Not Peer Reviewed | ||||
Publication Status: | Published | ||||
Date of first compliant deposit: | 1 August 2016 | ||||
Date of first compliant Open Access: | 1 August 2016 |
Request changes or add full text files to a record
Repository staff actions (login required)
View Item |
Downloads
Downloads per month over past year