Document Type
Article
Publication/Presentation Date
Winter 2013
Abstract/Description
The purpose of this paper is to investigate which of Dunning's location-specific advantages of host countries, presented as composite indices for Global Competitiveness, Human Development and Corruption Perception, better predict the level of inward Foreign Direct Investment (FDI).
A stepwise multiple regression method was applied on a sample of 129 countries, which was further divided into two subgroups: OECD members and non-OECD members. The study provides evidence that global competitiveness and the level of corruption of the host country are important determinants for inward FDI. For non-OECD countries the Human Development index appears to be an additional FDI determinant. More empirical research utilizing time series or panel data technique is needed to further explore this area of research.
Publication Title
Review of Business
Publisher
St. John's University, College of Business Administration
City
New York
Scholarly Commons Citation
Curtis, T., Rhoades, D. L., & Griffin, T. (2013). Effects of Global Competitiveness, Human Development, and Corruption on Inward Foreign Direct Investment. Review of Business, 34(1). Retrieved from https://commons.erau.edu/db-management/21
Included in
Behavioral Economics Commons, Business Law, Public Responsibility, and Ethics Commons, International Business Commons, International Economics Commons
