Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/175690 
Year of Publication: 
2017
Series/Report no.: 
ECB Working Paper No. 2066
Publisher: 
European Central Bank (ECB), Frankfurt a. M.
Abstract: 
This paper investigates the role of economic structures as determinants of FDI inflows. We expand on the existing literature by focusing on advanced economies, using a newly available measure of FDI which cleans the data from statistical artefacts, such as financial round tripping, and by relying on a wide variety of measures that proxy the quality of a country's economic structures. Our results show that there is an empirical relation from the quality of a host country's economic structures to FDI inflows. These results are robust to various economic specifications and are confirmed when restricting our sample to euro area countries only.
Subjects: 
Foreign direct investment
economic structures
institutions
euro area countries
JEL: 
F21
F23
L51
O43
Persistent Identifier of the first edition: 
ISBN: 
978-92-899-2788-8
Document Type: 
Working Paper

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