کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
968875 931676 2007 13 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The location determinants of FDI in the GCC countries
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
The location determinants of FDI in the GCC countries
چکیده انگلیسی

This paper studies the location determinants of FDI flows to the GCC countries, along Dunning's [Dunning, J., 1981. International Production and the Multinational Enterprise. Allen & Unwin, London] OLI paradigm. The paper uses panel data for the period 1980–2002. Panel data model estimates show that oil potential, measured by oil reserves, and oil utilization, measured by oil production, have a surprisingly negative influence on FDI flows, contrary to expectations about positive association between GCC oil resources and FDI flows. However, the relative degree of oil utilization, measured by oil production relative to oil reserves, has a positive influence on inflows. Similar to oil potential and oil utilization, oil price has a negative influence. Estimates also show that while institutional quality, trade openness and infrastructure development encourage FDI flows, human capital significantly discourages them.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Multinational Financial Management - Volume 17, Issue 4, October 2007, Pages 336–348
نویسندگان
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