Please use this identifier to cite or link to this item:
http://hdl.handle.net/10071/15472
Author(s): | Ly, A. Esperança, J. Davcik, N. S. |
Date: | 2018 |
Title: | What drives foreign direct investment: the role of language, geographical distance, information flows and technological similarity |
Volume: | 88 |
Pages: | 111 - 122 |
ISSN: | 0148-2963 |
DOI (Digital Object Identifier): | 10.1016/j.jbusres.2018.03.007 |
Keywords: | Foreign direct investment International business Language Distance Technology Information flow Gravity model |
Abstract: | This paper sheds new light on the impact of linguistic and technological similarities between countries on foreign direct investment (FDI), using an extended gravity model. The model includes technological commonality, as measured by the aggregate production of intellectual property, at the country level. An analysis of 71,309 pairs of FDI relationships, from 2000 to 2012, showed that language is positively associated with a high level of FDI. Technological differences do impede the flow of FDI between countries, and information flow is crucial for large flows of FDI. Information flow diminishes the negative impact of distance. |
Peerreviewed: | yes |
Access type: | Open Access |
Appears in Collections: | BRU-RI - Artigos em revistas científicas internacionais com arbitragem científica |
Files in This Item:
File | Description | Size | Format | |
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LY, ESPERANÇA, DAVCIK 2018 - FDI Paper_FINAL.pdf | Pós-print | 696,67 kB | Adobe PDF | View/Open |
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