uu.seUppsala University Publications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Determinants of Foreign Direct Investment: A panel data analysis of the MINT countries
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies.
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Business Studies.
2016 (English)Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
Abstract [en]

One of the most visible signs of the globalization of the world economy is the increase of Foreign Direct Investment (FDI) inflows across countries. This past decade the trend of FDI has shifted from developed countries to emerging economies, which is most notably in the BRICS countries. However, as BRICS reputation has been damaged these past years due to its weak growth outlook in the early 2010s, investors are shifting to the new economic grouping acronym, the MINT (Mexico, Indonesia, Nigeria and Turkey) countries for better future prospects of FDI destination. Since the MINT countries have emerged as a popular destination of FDI, it is necessary to investigate what are the key factors that make these four countries attractive as FDI destinations. Hence, this paper analyzes what are the determinants of inward FDI into the MINT countries during the time period from 1990 to 2014. To be able to answer the research question and demonstrate the effect of the seven independent variables (market size, economic instability, natural resources availability, infrastructure facilities, trade openness, institutional stability and political stability) on FDI as a dependent variable, the study uses a panel data analysis. The data is based on secondary data, which is collected from the World Bank dataset. The empirical finding from the study illustrates that market size, economic instability, infrastructure facilities, trade openness, institutional stability, and political stability are significant as determinants FDI inflows to the MINT countries, meanwhile, natural resources availability appears to be an insignificant determinant of FDI inflows to the MINT countries.

Place, publisher, year, edition, pages
2016. , 56 p.
Keyword [en]
Foreign Direct Investment, FDI, emerging economies, developing countries, MINT countries, determinants of FDI inflow, panel data analysis
National Category
Business Administration
Identifiers
URN: urn:nbn:se:uu:diva-296664OAI: oai:DiVA.org:uu-296664DiVA: diva2:939333
Educational program
Master Programme in Business and Management
Supervisors
Examiners
Available from: 2016-06-20 Created: 2016-06-19 Last updated: 2017-02-20Bibliographically approved

Open Access in DiVA

fulltext(1368 kB)683 downloads
File information
File name FULLTEXT01.pdfFile size 1368 kBChecksum SHA-512
38653973b697054bcb83caa1de691e4816f1ef30d662f7f6d7c4d1da2fc233ce56be9dee2eca44b482629fd3beacdf95df56e285b3188b612ba69ccfaecfecdb
Type fulltextMimetype application/pdf

By organisation
Department of Business Studies
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 683 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 632 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf