The clustering of FDI in India: The importance of peer effects

Peter Nunnenkamp and Megha Mukim

No 1697, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: We assess the location choices of 6,020 foreign and non-resident Indian investors at the level of Indian districts. Employing conditional logit models, we find that clustering of FDI is driven strongly by herding among investors from both, the same and other countries of origin. However, the behaviour of non-resident Indians and German investors is strikingly different from the general pattern.

Keywords: Location choice; FDI; country of origin; Indian districts; conditional logit (search for similar items in EconPapers)
JEL-codes: F23 R12 (search for similar items in EconPapers)
Date: 2011
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/10419/45903/1/657435198.pdf (application/pdf)

Related works:
Journal Article: The clustering of FDI in India: the importance of peer effects (2012)
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:1697

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 ().