Publication
May 2011
The authors assess the location choices of 6,020 foreign and non-resident Indian investors at the level of Indian districts. Employing conditional logit models, the authors find that clustering of FDI is driven strongly by herding among investors from both, the same and other countries of origin. However, the behaviour of non-resident Indians and German investors is strikingly different from the general pattern.
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English (PDF, 12 pages, 135 KB) |
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Author | Peter Nunnenkamp, Megha Mukim |
Series | Kiel Institute Working Papers |
Issue | 1697 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2011 Kiel Institute for the World Economy |