Skip to main content
Article
Effects of Global Competitiveness, Human Development, and Corruption on Inward Foreign Direct Investment
Review of Business
  • Tamilla Curtis, Embry-Riddle Aeronautical University
  • Dawna L Rhoades, Embry-Riddle Aeronautical University
  • Tom Griffin, Nova Southeastern University
Document Type
Article
Publication/Presentation Date
1-1-2013
Abstract/Description
The purpose of this paper is to investigate which of Dunning's location-specific advantages of host countries, presented as composite indices for Global Competitiveness, Human Development and Corruption Perception, better predict the level of inward Foreign Direct Investment (FDI). A stepwise multiple regression method was applied on a sample of 129 countries, which was further divided into two subgroups: OECD members and non-OECD members. The study provides evidence that global competitiveness and the level of corruption of the host country are important determinants for inward FDI. For non-OECD countries the Human Development index appears to be an additional FDI determinant. More empirical research utilizing time series or panel data technique is needed to further explore this area of research.
Publisher
St. John's University, College of Business Administration
Citation Information
Tamilla Curtis, Dawna L Rhoades and Tom Griffin. "Effects of Global Competitiveness, Human Development, and Corruption on Inward Foreign Direct Investment" New YorkReview of Business Vol. 34 Iss. 1 (2013) p. 67 - 80
Available at: http://works.bepress.com/tamilla_curtis/7/