dc.contributor.author | Kolstad, Ivar | |
dc.contributor.author | Villanger, Espen | |
dc.date.accessioned | 2008-02-21T12:10:21Z | |
dc.date.accessioned | 2017-03-29T09:12:30Z | |
dc.date.available | 2008-02-21T12:10:21Z | |
dc.date.available | 2017-03-29T09:12:30Z | |
dc.date.issued | 2004 | |
dc.identifier.isbn | 82-8062-075-3 | |
dc.identifier.issn | 0804-3639 | |
dc.identifier.uri | http://hdl.handle.net/11250/2435850 | |
dc.description.abstract | This study uses industry level foreign direct investment (FDI) data from 57 countries 1989-2000, to examine the host country determinants of FDI flows in services as a whole, and in the major service industries. Consistent with the observation that many services are non-tradable, we find that service FDI is market-seeking, and unaffected by trade openness. Producer services are important in binding together vertically disintegrated chains of production, accordingly we find a strong correlation between FDI in manufacturing and FDI in finance and transport. While composite political risk does not affect FDI in services, disaggregate socio-political indices prove significant in certain service industries. | |
dc.language.iso | eng | |
dc.publisher | Chr. Michelsen Institute | |
dc.relation.ispartofseries | CMI Working paper | |
dc.relation.ispartofseries | WP 2004: 2 | |
dc.subject | Foreign direct investment | |
dc.subject | Services | |
dc.title | Determinants of foreign direct investment in services | |
dc.type | Working paper | |