How Importarit Are Host-Country Markets for Multinational Corporations? Evidence from Cross-Country Data for 1990-2003

Kevin Honglin Zhang ()
Additional contact information
Kevin Honglin Zhang: Illinois State University, Department of Economics, Postal: 100 N University St # 142 Normal IL 61761-4402 USA, http://www.cob.ilstu.edu/

Economia Internazionale / International Economics, 2005, vol. 58, issue 4, 507-519

Abstract: While foreign direct investment (FDI) by multinational corporations (MNCs) has become increasingly important in economic growth since the early 1990s, empirical studies on the role of host-country markets, a key determinant of FDI flows, have been limited. This paper seeks to close this gap by investigating the importance of host-country markets, using a large sample of 160 countries for the period 1990-2003. The estimates suggest that characteristics of host-country markets are important for FDI, that importance has increased over time, and its role in developing countries has risen to almost the same level of as that in developed countries.

Keywords: Foreign direct investment; Host-country markets (search for similar items in EconPapers)
JEL-codes: F23 O57 (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.iei1946.it/RePEc/ccg/ZHANG%20507_520.pdf Full text (application/pdf)

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:ris:ecoint:0100

Access Statistics for this article

Economia Internazionale / International Economics is currently edited by Giovanni Battista Pittaluga

More articles in Economia Internazionale / International Economics from Camera di Commercio Industria Artigianato Agricoltura di Genova Via Garibaldi 4, 16124 Genova, Italy. Contact information at EDIRC.
Bibliographic data for series maintained by Angela Procopio ().