How far away is an intangible? Services FDI and distance
|Title:||How far away is an intangible? Services FDI and distance||Authors:||Davies, Ronald B.
|Permanent link:||http://hdl.handle.net/10197/3283||Date:||Sep-2011||Abstract:||Foreign direct investment (FDI) in services has grown significantly in recent years. Evidence of spatial relationships in FDI decisions have been provided for goods manufacturing by utilizing physical distance-based measures of trade costs. This paper investigates spatial interactions for services FDI using several distance measures, including physical distance, genetic distance, and transport time. Across different measures of distance, the traditional determinants of outbound FDI activity remain valid for services. We also find spatial interdependence for services FDI that is generally supportive of complex vertical motivations.||Funding Details:||European Research Council||Type of material:||Working Paper||Publisher:||University College Dublin. School of Economics||Keywords:||Foreign direct investment;Services;Spatial econometric techniques||Subject LCSH:||Service industries--Location
Space in economics
|Language:||en||Status of Item:||Not peer reviewed|
|Appears in Collections:||Economics Working Papers & Policy Papers|
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