Determinants of Location in Outward U.S. Foreign Direct Investment
(2011) EKHR21 20111Department of Economic History
- Abstract (Swedish)
- The flow of capital across borders through foreign direct investment has become a major driver in the world economy and continues to gain prominence due to the rise of Asia and other emerging markets. The United States, as the largest economy in the world for over half a century, has played a crucial role in this capital flow. Everyday, millions of private U.S. dollars pour across borders towards direct investments in foreign companies and development of international subsidiaries and joint ventures. This thesis uses panel regression data to assess what factors determine which markets receive U.S. investment and why. Out of a sample of fifteen initial independent variables, six are proven to be significant, most notably exports, exchange... (More)
- The flow of capital across borders through foreign direct investment has become a major driver in the world economy and continues to gain prominence due to the rise of Asia and other emerging markets. The United States, as the largest economy in the world for over half a century, has played a crucial role in this capital flow. Everyday, millions of private U.S. dollars pour across borders towards direct investments in foreign companies and development of international subsidiaries and joint ventures. This thesis uses panel regression data to assess what factors determine which markets receive U.S. investment and why. Out of a sample of fifteen initial independent variables, six are proven to be significant, most notably exports, exchange rates, population size, CPI, and CO2 emissions. Because of the possible limitations of a panel regression, further research is also recommended for many variables. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/2059953
- author
- Ix, Frank Jordan LU
- supervisor
- organization
- course
- EKHR21 20111
- year
- 2011
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- foreign direct investment, FDI, American investment, cross-border M&A, international economics
- language
- English
- id
- 2059953
- date added to LUP
- 2011-09-29 10:23:16
- date last changed
- 2011-09-29 10:23:16
@misc{2059953, abstract = {{The flow of capital across borders through foreign direct investment has become a major driver in the world economy and continues to gain prominence due to the rise of Asia and other emerging markets. The United States, as the largest economy in the world for over half a century, has played a crucial role in this capital flow. Everyday, millions of private U.S. dollars pour across borders towards direct investments in foreign companies and development of international subsidiaries and joint ventures. This thesis uses panel regression data to assess what factors determine which markets receive U.S. investment and why. Out of a sample of fifteen initial independent variables, six are proven to be significant, most notably exports, exchange rates, population size, CPI, and CO2 emissions. Because of the possible limitations of a panel regression, further research is also recommended for many variables.}}, author = {{Ix, Frank Jordan}}, language = {{eng}}, note = {{Student Paper}}, title = {{Determinants of Location in Outward U.S. Foreign Direct Investment}}, year = {{2011}}, }