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Foreign direct investment:localization and institutional determinants
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Autores
Orientador(es)
Resumo(s)
This article examines the foreign direct investment (FDI) in Portugal, i.e why foreign companies are located in Portugal. The compression of the determinants of FDI is important to take decisions on economic policy. The determinants of the location were used as market size, labour cost, taxes and economic stability. Beyond these were introduced two institutional variables the impact of globalization and corruption on FDI. The study applies a panel data approach (Fixed Effects and GMM system estimator). The results show that the market size and lobalization has a positive impact on FDI. he corruption has a negative impact on investor decisions. Wages, inflation and taxes are also statistically significant.
Descrição
Palavras-chave
Foreign Direct Investment Panel Data Globalization Corruption Portugal
Contexto Educativo
Citação
LEITÃO, Nuno Carlos - Foreign direct investment:localization and institutional determinants. Management Research and Practice. ISSN 2067-2462. 30:2 (2011) 1-6
Editora
Faculty of Management, Academy of Economic Studies, Bucharest, Romania