Perez-Sebastian, Fidel; Elheddad, Mohamed; Doytch, Nadia - 2023
We study the impact of the sub-soil natural resource endowment and the supply of biocapacity on the extractive and non-extractive FDI inflows. We focus on a new panel data set of 126 countries for the period 1984-2019. Our identification strategy is based on the long lags between natural...