Why Does Fdi Go Where it Goes? : New Evidence From the Transition Economies /

This paper examines the importance of agglomeration economies and institutions vis-a-vis initial conditions and factor endowments in explaining the locational choice of foreign investors. Using a unique panel data set for 25 transition economies between 1990 and 1998, we find that the main determina...

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Bibliographic Details
Main Author: Kinoshita, Yuko
Other Authors: Campos, Nauro
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2003.
Series:IMF Working Papers; Working Paper ; No. 2003/228
Online Access:Full text available on IMF