Determinants of Foreign Direct Investment on The Pacific Rim Region
DOI:
https://doi.org/10.32870/mycp.v5i14.507Keywords:
foreign direct investment, Pacific Rim, economic, human capital, corruptionAbstract
Focusing in Pacific Rim countries, this article aims to identify and analyze the influencers to attract foreign direct investment (FDI). Using panel data for foreign direct investment between 1989 and 2012, we find that fdi was affected positively by economic demand, while production costs influenced negatively; the education levels had a direct relationship, as well as the workforce. Finally, corruption showed an inverse relationship, but lacks confidence level. We conclude that fdi seeks generally located in countries whit greater economic demand, although countries with lower wages are also attractive. Finally, corruption is not a factor affecting forcefully on decisions of investors in the Pacific Rim countriesDownloads
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