Waldkirch, Andreas - EconWPA - 2004
for a horizontal rather than a vertical model of foreign direct investment (FDI). They all use U.S. or other developed … country data. This paper, in contrast, uses a previously unexploited industry-level data set on FDI in a relatively skilled …-labor and capital scarce country, Mexico, to shed light on the determinants of FDI between largely dissimilar countries. The …