FOREIGN DIRECT INVESTMENT: THE KNOWLEDGE-CAPITAL MODEL AND A SMALL COUNTRY CASE

被引:10
|
作者
Kristjansdottir, Helga [1 ,2 ]
机构
[1] Univ Copenhagen, DK-1168 Copenhagen, Denmark
[2] Univ Iceland, IS-101 Reykjavik, Iceland
关键词
INTERNATIONAL-TRADE; MULTINATIONAL-ENTERPRISES;
D O I
10.1111/j.1467-9485.2010.00532.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
This research looks at how foreign direct investment (FDI) in a small open economy compares with that of larger countries. I apply several specifications of the knowledge-capital model to unique FDI data from the isolated country of Iceland, allowing for comparison with previous analysis of larger and similarly open economies. Using this together with other techniques, I seek to explain investment determinants by geography, economic size and skilled labor availability. The results of these analysis show that popular specifications do not accurately predict the effects for a small country case.
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页码:591 / 614
页数:24
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