Regional Trade Agreements and Foreign Direct Investment

Autor:	G. Doug Davis
Rok vydání:	2011
Předmět:	Regional trade Sociology and Political Science Economy Capital (economics) Welfare economics Political Science and International Relations Market size Economics Foreign capital Foreign direct investment
Zdroj:	Politics & Policy. 39:401-419
ISSN:	1555-5623 1980-2005
DOI:	10.1111/j.1747-1346.2011.00296.x
Popis:	Regional trade institutions increase the local market size and attract higher foreign direct investment (FDI) inflows. The new economic geography provides the theoretical model for evaluating the spatial distribution of foreign capital within a multistate market. In this article, a fixed-effects cross-sectional time series regression examines 109 states from 1980-2005. The study's findings are that multilateral regional trade institutions are more likely to attract FDI inflows, and the gains in FDI inflows are highest in states with the strongest regional economy. Las instituciones de comercio regional incrementan el tamano del mercado local y atraen una cantidad mayor de inversion extranjera directa (IED). La nueva geografia economica provee un modelo teoretico para evaluar la distribucion fisica de capital extranjero dentro de un Mercado multinacional. Una regresion de serie temporal examina ciento nueve estados de 1980 a 2005. Instituciones de comercio regional multilaterales tienen mas probabilidades de atraer flujos de IED y los estados con una economia regional mas fuerte tienen los mayores beneficios por el flujo de IED.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::3675f78ac2f4cde19e8e177a65739705 https://doi.org/10.1111/j.1747-1346.2011.00296.x Zobrazit plný text záznamu Plný text