Jeon, Bang Nam; Tang, Linghui - In: Journal of Economic Integration 20 (2005), pp. 613-630
). First, we provide a theoretical foundation for a gravity-type FDI model, which shows that physical distance and … FDI data for a total of 47 OECD and non- OECD countries from 1980 to 1997 and find that distance is negatively related to … prominent in the 1990s than in the 1980s. Moreover, IT plays a more effective role by reducing communication cost when distance …