US county-level determinants of inbound FDI: evidence from a two-step modified count data model

    Authors

    J. A. List

    Comments

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    Abbreviated Journal Title

    Int. J. Ind. Organ.

    Keywords

    Foreign Direct Investment (FDI); county-level; environmental regulations; FOREIGN DIRECT-INVESTMENT; STATE REGULATORY POLICY; UNITED-STATES; ENVIRONMENTAL-REGULATION; ECONOMIC-DEVELOPMENT; LOCATION; Economics

    Abstract

    We employ a two-step modified count data model to determine the county-level attributes that are conducive to attracting new foreign plants. Our estimation results indicate that previous counts of foreign direct investment. market size and accessibility, and land area are positively related to Foreign Direct Investment (FDI) occurrences; while higher input costs deter new foreign firm entry. Contrary to anecdotal evidence, our results suggest that stringent environmental regulations do not have a negative impact on EDI inflows. These findings have significant implications for policymakers, as Rows of FDI are expected to increase dramatically given the economic integration of our global economy. (C) 2001 Elsevier Science BN. All rights reserved.

    Journal Title

    International Journal of Industrial Organization

    Volume

    19

    Issue/Number

    6

    Publication Date

    1-1-2001

    Document Type

    Article

    Language

    English

    First Page

    953

    Last Page

    973

    WOS Identifier

    WOS:000168224200005

    ISSN

    0167-7187

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