Opin vísindi
Substitution between inward and outward foreign direct investment
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| Title: | Substitution between inward and outward foreign direct investment |
| Author: | |
| Date: | 2012-11-27 |
| Language: | English |
| Scope: | 6 |
| School: | School of Business and Science |
| Series: | Public and Municipal Finance; 1(2) |
| ISSN: | 2222-1867 |
| DOI: | 10.21511/pmf.01(2).2012.03 |
| Subject: | Erlendar fjárfestingar; Foreign direct investment; Gravity model; Knowledge-capital model; Simultaneous equations; SDG 7 - Affordable and Clean Energy; SDG 10 - Reduced Inequalities; SDG 5 - Gender Equality; SDG 13 - Climate Action; SDG 6 - Clean Water and Sanitation; SDG 8 - Decent Work and Economic Growth; SDG 1 - No Poverty; SDG 9 - Industry, Innovation, and Infrastructure |
| URI: | https://hdl.handle.net/20.500.11815/2786 |
Citation:Kristjánsdóttir , H 2012 , ' Substitution between inward and outward foreign direct investment ' , Public and Municipal Finance , vol. 1 , no. 2 , pp. 23-28 . https://doi.org/10.21511/pmf.01(2).2012.03
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Abstract:This paper offers a new combination of the knowledge-capital and the gravity models. The model combination is applied to a small, remote country, which allows for testing the corner case. Furthermore, the substitution effects between inward and outward foreign direct investment (FDI) are estimated by the use of a simultaneous equation system, and the estimates indicate that inward and outward FDI can be considered to be substitutes for each other.
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