This study employs a structural gravity approach to analyse the impact of preferential trade agreements (PTAs) on bilateral FDI. We use the UNCTAD global database on bilateral FDI stocks and flows. To control for the heterogeneous nature of PTAs we employ three different indicators of PTA depth....

In order to diversify their risks, firms facing increased demand uncertainty in their domestic market may choose to increase their investment abroad by transferring production to the more stable host economies. Using a gravity model, we test the assumption that foreign direct investment is...

Using a panel dataset of bilateral flows of foreign direct investment (FDI), we study the determinants of FDI in transition economies, with particular reference to Macedonia's performance. As many transition countries, Macedonia has a low FDI potential and performance. The empirical work...

This study re-examined the effect of official development assistance (ODA) of five major donor countries (France, Germany, Japan, the United Kingdom, and the United States) on foreign direct investment (FDI) using panel data from 2003 to 2020. In addition to the system Generalized Method of...