The Determinants of Foreign Direct Investment in Europe and Asia: A Comparison Study

ABSTRACT This research study makes use of the institutional FDI fitness framework to study and compare the main determinants of foreign direct investment in Europe and Asia. The main categories of FDI fitness explored included market fitness, government fitness and educational fitness. Within these...

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Main Author: Deogratias, Denis Dawson
Format: Dissertation (University of Nottingham only)
Language:English
English
Published: 2013
Online Access:https://eprints.nottingham.ac.uk/26430/
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author Deogratias, Denis Dawson
author_facet Deogratias, Denis Dawson
author_sort Deogratias, Denis Dawson
building Nottingham Research Data Repository
collection Online Access
description ABSTRACT This research study makes use of the institutional FDI fitness framework to study and compare the main determinants of foreign direct investment in Europe and Asia. The main categories of FDI fitness explored included market fitness, government fitness and educational fitness. Within these, variables such as GDP, annual GDP growth, inflation, domestic credit, school enrolment, political stability and corruption perception were evaluated. Using panel data techniques to test the model, results revealed that on a broad sense of view market and government fitness categories had the strongest influences on FDI compared to educational fitness, which exhibited a negligible impact. More specifically, it was observed that market growth, corruption perception, inflation and domestic credit availability are most influential factors in Europe; while in Asia, market growth and inflation are most prominent. Overall, economic openness, market growth, inflation and domestic credit availability had the greatest impacts and these findings corroborated those of previous studies especially Wilhelms (1998), who developed the institutional fitness model.
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language English
English
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publishDate 2013
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spelling nottingham-264302022-03-21T16:10:53Z https://eprints.nottingham.ac.uk/26430/ The Determinants of Foreign Direct Investment in Europe and Asia: A Comparison Study Deogratias, Denis Dawson ABSTRACT This research study makes use of the institutional FDI fitness framework to study and compare the main determinants of foreign direct investment in Europe and Asia. The main categories of FDI fitness explored included market fitness, government fitness and educational fitness. Within these, variables such as GDP, annual GDP growth, inflation, domestic credit, school enrolment, political stability and corruption perception were evaluated. Using panel data techniques to test the model, results revealed that on a broad sense of view market and government fitness categories had the strongest influences on FDI compared to educational fitness, which exhibited a negligible impact. More specifically, it was observed that market growth, corruption perception, inflation and domestic credit availability are most influential factors in Europe; while in Asia, market growth and inflation are most prominent. Overall, economic openness, market growth, inflation and domestic credit availability had the greatest impacts and these findings corroborated those of previous studies especially Wilhelms (1998), who developed the institutional fitness model. 2013-09-20 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/26430/2/Title_Page_and_Following_Pages.pdf application/pdf en https://eprints.nottingham.ac.uk/26430/1/MSc_Finance_%26_Investment_Dissertation.pdf Deogratias, Denis Dawson (2013) The Determinants of Foreign Direct Investment in Europe and Asia: A Comparison Study. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Deogratias, Denis Dawson
The Determinants of Foreign Direct Investment in Europe and Asia: A Comparison Study
title The Determinants of Foreign Direct Investment in Europe and Asia: A Comparison Study
title_full The Determinants of Foreign Direct Investment in Europe and Asia: A Comparison Study
title_fullStr The Determinants of Foreign Direct Investment in Europe and Asia: A Comparison Study
title_full_unstemmed The Determinants of Foreign Direct Investment in Europe and Asia: A Comparison Study
title_short The Determinants of Foreign Direct Investment in Europe and Asia: A Comparison Study
title_sort determinants of foreign direct investment in europe and asia: a comparison study
url https://eprints.nottingham.ac.uk/26430/