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determinants of FDI inflows based on newly constructed dataset on structural reforms for 19 Latin American and 25 Eastern European … countries between 1989 and 2004. Our main finding is a strong empirical relationship from reforms to FDI, in particular, from …
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from technologically advanced provinces to less advanced ones, is more important than that taking place through FDI in the … backward regions. In technologically advanced areas, learning by doing, indigenous R&D and technology transfer from FDI all …
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We develop a model in which multinational investors decide about the modes of organization, the locations of production, and the markets to be served. Foreign investments are driven by market-seeking and cost-reducing motives. We further assume that investors face costs of control that vary...
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