Trends, Patterns and Determinants of Australian Foreign Direct Investment
Kishor Sharma and
Yapa Bandara
Journal of Economic Issues, 2010, vol. 44, issue 3, 661-676
Abstract:
The aim of this paper is to present empirical evidence of the determinants of Australian foreign direct investment using hypotheses drawn from an investment demand model, new trade theory and institutional economics. The findings suggest that countries which are open, have a large domestic market, and have a similar language and culture to Australia's attract most of its foreign investment. There is also evidence to suggest that countries in regional blocs tend to attract Australian investment, possibly opening up opportunities for investors to capture a large regional market. Although difficult to prove statistically, the findings also suggest that countries that are economically more stable and have strong institutional credibility tend to attract Australian investment.
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (15)
Downloads: (external link)
http://hdl.handle.net/10.2753/JEI0021-3624440305 (text/html)
Access to full text is restricted to subscribers.
Related works:
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:mes:jeciss:v:44:y:2010:i:3:p:661-676
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MJEI20
DOI: 10.2753/JEI0021-3624440305
Access Statistics for this article
More articles in Journal of Economic Issues from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().