Abstract
We examine the effect of financial remoteness on foreign direct investment(FDI) using a sample of 173 countries over the period 1970-2015. Our re-sults show that financial remoteness has a significant negative effect onFDI, which suggests that proximity to major financial centres is an im-portant factor in deciding on foreign investments. Our results are robustto alternative measures of financial remoteness and controlling for otherdeterminants of FDI from the literature.
| Original language | English |
|---|---|
| Pages (from-to) | 219-232 |
| Number of pages | 14 |
| Journal | Review of Economic Analysis |
| Volume | 11 |
| Issue number | 2 |
| Publication status | Published - 12 Jul 2019 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 10 Reduced Inequalities
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