Foreign Direct Investment and Trade Openness: The Case of Developing Economies

被引:0
|
作者
Panagiotis G. Liargovas
Konstantinos S. Skandalis
机构
[1] University of Peloponnese,Department of Economics
[2] Claremont Graduate University,School of Politics and Economics
来源
Social Indicators Research | 2012年 / 106卷
关键词
FDI; Trade openness; Developing economies;
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学科分类号
摘要
This paper examines the importance of trade openness for attracting Foreign Direct Investment (FDI) inflows, using a sample of 36 developing economies for the period 1990–2008. It provides a direct test of causality between FDI inflows, trade openness and other key variables in developing regions of the world: Latin America, Asia, Africa, CIS (Commonwealth of Independent States) and Eastern Europe. Trade openness is measured by using eight different indicators. The main empirical findings of the panel regression analysis reveal that in the long run, trade openness contributes positively to the inflow of FDI in developing economies.
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页码:323 / 331
页数:8
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