IES Management College And Research Centre

Assessing the Determinants of FDI in Emerging Markets: Do Natural Resources and Institutions Matter? (Record no. 52562)

MARC details
000 -LEADER
fixed length control field 01674nam a2200205 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20190909153810.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 190909b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Nandialath, Anup M;
9 (RLIN) 34536
245 ## - TITLE STATEMENT
Title Assessing the Determinants of FDI in Emerging Markets: Do Natural Resources and Institutions Matter?
300 ## - PHYSICAL DESCRIPTION
Extent 80-125 p.
520 ## - SUMMARY, ETC.
Summary, etc The role of Foreign Direct Investment (FDI) in economic development is a well-researched phenomenon. However, extant research has failed to arrive at a consensus on the key drivers of FDI, and the literature is particularly eclectic on the role of natural resources and institutions and how they influence FDI. The present paper argues that this lack of consensus is due to model uncertainty. Drawing on more recent literature on model uncertainty and the determinants of FDI, the paper uses a Bayesian Model Averaging (BMA) approach to find that neither natural resources (oil and gas) nor institutional quality is a robust predictor of FDI flows into 16 countries in the Middle East North Africa (MENA) region. The analysis shows that FDI flows are determined by per capita GDP and oil prices. Given the complexity and volatility of the international business environment, it is more important than ever that economic policy decisions are based on robust models that take into account model uncertainty.
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Economic development;
Uncontrolled term Transition economies;
Uncontrolled term Economic models;
Uncontrolled term Economic Policies
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Rogmans, Tim.
9 (RLIN) 34537
773 0# - HOST ITEM ENTRY
Host Biblionumber 30428
Host Itemnumber 76754
Main entry heading MURTHY, E N
Place, publisher, and date of publication IUP PUBLICATION HYDERABAD
Other item identifier 55510830
Title APPLIED ECONOMICS
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Total Checkouts Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Main Library Main Library 09/09/2019   /Vol 18, No 3/ 55510830JA4 55510830JA4 09/09/2019 09/09/2019

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