The clustering of FDI in India : the importance of peer effects

by Peter Nunnenkamp; Megha Mukim

We assess the location choices of 6,020 foreign and non-resident Indian investors at the level of Indian districts. Employing conditional logit models, we find that clustering of FDI is driven strongly by herding among investors from both, the same and other countries of origin. However, the behaviour of non-resident Indians and German investors is strikingly different from the general pattern. -- Location choice ; FDI ; country of origin ; Indian districts ; conditional logit

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Year of publication:	2011
Authors:	Nunnenkamp, Peter ; Mukim, Megha
Publisher:	Kiel : Kiel Inst. for the World Economy
Subject:	Auslandsinvestition \| Foreign investment \| Standortwahl \| Location choice \| Regionales Cluster \| Regional cluster \| Herdenverhalten \| Herding \| Ausländisch \| Foreign \| Provinz \| Province \| Indien \| India

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Extent:	Online-Ressource (PDF-Datei: 10 S., 134 KB)
Series:	Kiel working paper. - Kiel : [Verlag nicht ermittelbar], ISSN 1862-1155, ZDB-ID 2107612-1. - Vol. 1697
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/45903 [Handle]
Classification:	F23 - Multinational Firms; International Business ; R12 - Size and Spatial Distributions of Regional Economic Activity
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10008990900