INSTITUTIONAL FACTORS AND FOREIGN DIRECT INVESTMENT INFLOWS: EMPIRICAL EVIDENCE FROM LATIN AMERICAN AND CARIBBEAN COUNTRIES

被引:0
|
作者
ul Ain, Qurat [1 ,3 ]
Yousaf, Tahir [2 ,5 ]
Akhtar, Yasmeen [3 ,4 ]
机构
[1] South Western Univ Finance & Econ, Sch Publ Finance & Taxat, Chengdu, Sichuan, Peoples R China
[2] Sichuan Univ, Sch Business Adm, Chengdu 610000, Sichuan, Peoples R China
[3] COMSATS Univ, Dept Management Sci, Islamabad, Pakistan
[4] Univ Sargodha, Noon Business Sch, Sargodha, Pakistan
[5] Univ Lahore, Lahore Business Sch, Lahore, Pakistan
关键词
Heteroscedasticity; FDI; Economic institutions factors; LAC; Panel data; ASIAN COUNTRIES; FDI; DETERMINANTS; GOVERNANCE; AFRICA; POLICY; SOUTH;
D O I
10.14456/ITJEMAST.2020.12
中图分类号
O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];
学科分类号
07 ; 0710 ; 09 ;
摘要
The objective of this study is to see the effect of institutional factors on Foreign Direct Investment inflows (FDI) in the sample of 24 Latin American and Caribbean (LAC) countries. This study uses panel data over the period of 1995-2015. The fixed-effect model after controlling for heteroscedasticity is used for empirical examination. The pragmatic result recommends that the countries can appeal more Foreign Direct Investment inflows if they improve their institutional factors despite lacking in a high level of human capital, trade openness and market size. However, the development of the country appears to have an equal significance as that of institutional factors and is significant at all levels in Latin American and Caribbean countries. (C) 2019 INT TRANS J ENG MANAG SCI TECH.
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页数:13
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