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The Determinants Of Foreign Direct Investments Flows In Brics

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  • PIRLOGEANU Dan

    ("Alexandru Ioan Cuza" University of Iași)

Abstract

The aim of this paper is to study the determinants of FDI inflows in BRICS countries between 2000 - 2015. In recent years, the development of the global economy has lead to remarkable growth of foreign direct investment. Developing contries, especially these in this group have surpassed most of the developed countires, in FDI volume. The study is organized in two parts: a brief literature review of the main determinants of FDI and, a short presenation of the evolution of FDI inflows in BRICS and an analyze of these determinants. The impact of the considered determinants is analyzed with the Pearson correlation test. The variables taken into account are: infrastructure, market size, market openess, natural resources, human resources, political stability, exchange rate, external debt, inflation, wages, tax rates, GDP and FDI stock.

Suggested Citation

  • PIRLOGEANU Dan, 2017. "The Determinants Of Foreign Direct Investments Flows In Brics," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 69(2), pages 138-145, August.
    • Handle: RePEc:blg:reveco:v:69:y:2017:i:2:p:138-145
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    References listed on IDEAS

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    3. Lionel Artige & Rosella Nicolini, 2005. "Evidence of the Determinants of Foreign Direct Investment: The Case of Three European Regions," Working Papers 251, Barcelona School of Economics.
    4. Wheeler, David & Mody, Ashoka, 1992. "International investment location decisions : The case of U.S. firms," Journal of International Economics, Elsevier, vol. 33(1-2), pages 57-76, August.
    5. Schneider, Friedrich & Frey, Bruno S., 1985. "Economic and political determinants of foreign direct investment," World Development, Elsevier, vol. 13(2), pages 161-175, February.
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    More about this item

    Keywords

    Foreign direct investments; determinants; BRICS; FDI inflows;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity

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