The Effect of Capital Controlson Foreign Direct Investment Decisions Under Country Risk with Intangible Assets /

This paper examines how capital controls affect FDI decisions and how the impact of these restrictive measures varies with different levels of country risk. We construct a model of firms' FDI decisions, broadly in Dunning's "eclectic theory" framework, using "real options&qu...

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Bibliographic Details
Main Author: Elo, Kinga
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/079
Online Access:Full text available on IMF