How Global is FDI? Evidence from the Analysis of Theil Indices

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

EconStor Open Access Articles and Book Chapters, 2018, vol. 55, issue 4, 1603-1635

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 both the absolute and relative measures. This is also true for major subgroups of non-OECD countries. 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: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/232554/1/2 ... lobal%20is%20FDI.pdf (application/pdf)

Related works:
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)
Working Paper: How global is FDI? Evidence from the analysis of Theil indices (2015)
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:espost:232554

Access Statistics for this article

More articles in EconStor Open Access Articles and Book Chapters from ZBW - Leibniz Information Centre for Economics Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().