The Role of Information in Driving FDI Flows : Host-Country Transparency and Source-Country Specialization »
Series: IMF Working Papers
Author(s): Assaf Razin , Ashoka Mody , and Efraim Sadka
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2003
Keywords: fdi, investors, direct investment, domestic investment, host countries, International Factor Movements and International Business,
We develop a simple information-based model of FDI flows. On the one hand, the abundance of "intangible" capital in specialized industries in the source countries, which presumably generates expertise in screening...