文章基本信息

标题：An Examination Of The Country Liquidity Index To Predict A Country's Foreign Direct Investment
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作者：Roland J. Sparks ; Wales University ; Nick Desai 等
期刊名称：International Business & Economics Research Journal
印刷版ISSN：1535-0754
电子版ISSN：2157-9393
出版年度：2014
卷号：13
期号：2
页码：359-370
语种：English
出版社：The Clute Institute for Academic Research
摘要：Foreign direct investment (FDI) is critical to the economic development of any nation regardless of its level of growth. There is a plethora of research on the determining factors of FDI, both economic and non-economic, but very little on the weighted influence of these factors. This research is an attempt to categorize and rank the major determinates of FDI. The conclusion reached by this research is that economic condition of a country is a major determining factor for FDI, but there are other competing factors, as well, that have major impact on FDI. Using the Country Liquidity Index (CLI) as a barometer, the FDI is regressed to develop a model to predict the potential FDI of a country. Results conclude that only 22.46% of a country's FDI is explained by economic factors leaving the remaining 77.54% unexplained. This research attempts to explain the unexplained factors and rank the countries as overinvested and underinvested. A review of the data for the over and underinvested countries indicates that political factors and third country influences may outweigh economic factors when it comes to FDI. The paper concludes with a ranking of 62 countries and their foreign direct investment potential along with their current over/under foreign direct investments.
关键词：Country Liquidity Index;Foreign Direct Investment;FDI