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Author: | Cieslik, A. Ryan, M. |
Title: | Explaining Japanese direct investment flows into an enlarged Europe: a comparison of gravity and economic potential approaches |
Journal: | Journal of the Japanese and International Economies
2004 : MAR, VOL. 18:1, p. 12-37 |
Index terms: | Direct investment Eastern Europe Japan |
Language: | eng |
Abstract: | The empirical results suggest that, allowing for individual country heterogeneeity, Japanese firms locate in countries with high economic potential suggesting that the economic potential framework is more general than the gravity model and is the preferred framework under which these investment flows should be analyzed. |
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