This article studies the location pattern of foreign direct investment (FDI) in Mexico for the period 1994–2004. An empirical model is specified based on recent FDI theories. This model is estimated using state-level data and employing spatial econometric techniques. Results suggest that...

Do regional identities determine different levels of FDI-induced growth? This paper analyses the impact of FDI on the growth rates of European regions. In so doing, it discusses the role of different components of territorial capital in magnifying or daunting such an impact. The paper starts...

We examine FDI’s effects of on domestic investment in Sub-Saharan Africa. Our model’s assumptions are inspired from the theoretical model of Agosin and Mayer (2001). Two assumptions have special interest: (i) the first is that multinational firms crowd-out local firms ; (ii) the second...

There has been a wide acknowledgement of the role of foreign direct investment (FDI) for economic growth and development of states, regions and cities. Special attention has been paid to FDI flows to transition economies, which owe their economic and social transformation to a large extent to...