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Title: Firm heterogeneity in modelling foreign direct investment location decisions
Authors: Rasciute, Simona
Pentecost, Eric J.
Ferrett, Benjamin E.
Keywords: Mixed logit model
Firm heterogeneity
Random parameters
Foreign direct investment
Multi- level data
Halton draws
Issue Date: 2014
Publisher: © Taylor & Francis
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.
Abstract: 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.
Description: 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
Version: Accepted for publication
DOI: 10.1080/00036846.2013.872760
URI: https://dspace.lboro.ac.uk/2134/24753
Publisher Link: http://dx.doi.org/10.1080/00036846.2013.872760
ISSN: 0003-6846
Appears in Collections:Published Articles (Economics)

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