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Firm heterogeneity in modelling foreign direct investment location decisions

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This article investigates the probability of the FDI location decisions of multinational enterprises using a mixed logit panel data model, which is the most flexible discrete choice model. We employ a three-level data set, which includes over 1100 FDI location decisions into 13 alternative Central and Eastern European Countries (CEECs) over an 11-year period. Our empirical results on the effect of host country, industry and firm characteristics on the probability of undertaking FDI in a particular location are significant and consistent with the predictions of our theoretical model.

History

School

  • Business and Economics

Department

  • Economics

Published in

Applied Economics

Volume

46

Issue

12

Pages

1350 - 1360

Citation

RASCIUTE, S., PENTECOST, E.J. and FERRETT, B.E., 2014. Firm heterogeneity in modelling foreign direct investment location decisions. Applied Economics, 46(12), pp. 1350-1360.

Publisher

© Taylor & Francis

Version

AM (Accepted Manuscript)

Publisher statement

This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/

Publication date

2014

Notes

This is an Accepted Manuscript of an article published by Taylor & Francis in Applied Economics on 11 Feb 2014, available online: http://dx.doi.org/10.1080/00036846.2013.872760

ISSN

0003-6846

eISSN

1466-4283

Language

en