Title
US county-level determinants of inbound FDI: evidence from a two-step modified count data model
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
ISSN
0167-7187
Recommended Citation
"US county-level determinants of inbound FDI: evidence from a two-step modified count data model" (2001). Faculty Bibliography 2000s. 8096.
https://stars.library.ucf.edu/facultybib2000/8096
Comments
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