Trends and Patterns of FDI: Theory and Evidence

Michael Du Pont

Chapter 2 in Foreign Direct Investment in Transitional Economies, 2000, pp 7-33 from Palgrave Macmillan

Abstract: Abstract The past two decades have witnessed the emergence of a sizeable body of literature dealing with various dimensions of the trends and determinants of FDI flow. The purpose of this chapter is to present the a priori view of the issue and to review the related empirical work in order to place the present study in perspective. It is pertinent to mention at the outset that the coverage of the chapter has been deliberately selective, the major criterion being the relevance of the materialto the purpose and scope of the present study as outlined in the Introduction. InformalFD I has been omitted due to a lack of data. In a world of varied market imperfections and constant changes in government policies, advice based on traditional models of pure competition and conventional theories of FDI is not persuasive (Helleiner, 1976, 1978 and 1988). There is, therefore, a need for more analysis of emerging new investment trends in East Asia and other developing countries.

Keywords: Host Country; Foreign Firm; Intangible Asset; Unskilled Labour; Japanese Firm (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-333-97752-1_2

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DOI: 10.1057/9780333977521_2

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