How global is FDI? Evidence from the analysis of Theil indices

Frank Bickenbach, Wan-Hsin Liu () and Peter Nunnenkamp

No 2015, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: It is open to question whether the intensified worldwide competition for FDI has reduced its traditionally strong concentration in a few large and relatively advanced host countries. We calculate and decompose Theil indices to track changes in absolute and relative concentration of FDI during the period 1970-2013. We find that both absolute and relative concentration decreased when excluding offshore financial centers from the overall sample. In addition to the narrowing gap between OECD and non-OECD countries, the concentration across non-OECD countries declined - for major subgroups and for both the absolute and relative measures. Finally, recent developments indicate that low-income countries are no longer at the losing end of the competition for FDI.

Keywords: foreign direct investment; concentration; Theil decomposition (search for similar items in EconPapers)
JEL-codes: F21 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/125935/1/845462849.pdf (application/pdf)

Related works:
Journal Article: How global is FDI? Evidence from the analysis of Theil indices (2018)
Journal Article: How Global is FDI? Evidence from the Analysis of Theil Indices (2018)
Working Paper: How Global is FDI? Evidence from the Analysis of Theil Indices (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:2015

Access Statistics for this paper

More papers in Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().