Sectoral determinants of the location choice of MNCs

Date

2007

Editor(s)

Advisor

Böke, Selin Sayek

Supervisor

Co-Advisor

Co-Supervisor

Instructor

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Abstract

This thesis examines the determinants of multinational companies (MNCs)’ location choices estimating conditional or nested logit model using a dataset of more than 17,000 firms invested in 38 developing countries over the period 1980-2004. In addition, this dataset has an exceptional feature – it allows identifying the sectors that these firms invest in. The sectoral analysis is undertaken both at 2-digit ISIclassification and aggregate level where sectors are lumped according to their tradability or technology intensity. The empirical results suggest that the determinants of the probability that a MNC invests in a particular country vary across sectors. Thus, the sectoral composition of FDI is essential for understanding its economic geography.

Source Title

Publisher

Course

Other identifiers

Book Title

Degree Discipline

Economics

Degree Level

Master's

Degree Name

MA (Master of Arts)

Citation

Published Version (Please cite this version)

Language

English

Type