Citation
Chen, Jen Eem and Lee, Chin and Law, Siong Hook and Wan Ngah, Wan Azman Saini
(2012)
Determinants of outward FDI in developing countries.
In: 2nd International Conference on Accounting, Business and Economics (ICABE2012), 10-11 Nov. 2012, MS Garden Hotel, Kuantan Pahang, Malaysia. (pp. 74-78).
Abstract
This paper investigates the determinants of outward FDI in developing countries from home macroeconomics perspective. The study involves 7 developing countries and 3 emerging economies with time span covers from 1980 to 2010. The macroeconomic variables considered in this study are economic development, inward FDI, and trade openness. The findings reveal that economic development has a positive and significant relationship with outward FDI in the long-run. In the mean time, inward FDI is positively and significantly associated with outward FDI in the short-run.
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