Utilize este identificador para referenciar este registo: http://hdl.handle.net/10071/14070
Autoria: de Mello-Sampayo, F.
Data: 2009
Título próprio: Competing-destinations gravity model: an application to the geographic distribution of FDI
Volume: 41
Número: 17
Paginação: 2237-2253
ISSN: 0003-6846
DOI (Digital Object Identifier): 10.1080/00036840701765346
Resumo: The competing-destinations formulation of the gravity model ensues from the fact that unlike the classical version, this approach explicitly acknowledges the interdependence of the flows between a set of alternative locations, i.e. country-recipients are competing for Foreign Direct Investment (FDI). This article examines empirically a range of theoretical hypotheses about the determinants of FDI location in a panel data regression framework. The results of the estimation of a gravity model lend support to the proximity-concentration and internalization hypotheses. Also, the fact that FDI has been found to be decreasing in the competition posed by alternative locations is suggestive of the superiority of the competing-destinations version of the gravity equation over its classical formulation.
Arbitragem científica: yes
Acesso: Acesso Aberto
Aparece nas coleções:BRU-RI - Artigos em revistas científicas internacionais com arbitragem científica

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