De-industrialisation,comparative economic performance and FDI inflows in emerging economies |
| |
| Affiliation: | 1. Warwick Business School, University of Warwick, Coventry CV4 7AL, UK;2. Queens’ College, University of Cambridge, Cambridge CB3 9ET, UK;1. Facultad de Economía, Universitat de València, Campus de Tarongers, 46071 Valencia, Spain;2. Departamento de Economía y Empresa, Universidad CEU Cardenal Herrera, c/Plaza Reyes Católicos, 19 03204 Elche (Alicante), Spain;1. Department of Business Studies, Uppsala University, Sweden;2. CER, Department of Economic Sciences and Law, Mid Sweden University, Sundsvall, Sweden;3. Dalarna University College, Falun, Sweden;1. University of Sussex, United Kingdom;2. East Carolina University, United States;1. Department of Business Studies, Uppsala University, Sweden;2. Public University of Navarre, Spain;1. Goodman School Business, Brock University, St. Catharines, ON L2S3A1, Canada;2. Carlson School of Management, University of Minnesota, Minneapolis, MN 55455, United States |
| |
| Abstract: | We address calls to incorporate comparative political economy considerations into IB scholarship. In particular, we conceptualise and test empirically the hitherto unexplored relationship between de-industrialisation and relative performance of groups of countries, and FDI inflows in emerging economies. Using a panel dataset over the period 1996–2004 and employing conceptual and methodological innovations (not least the use of comparative independent variables), we find support for the ideas that relative de-industrialisation of developed economies will increase FDI inflows into emerging economies, while the relative under-performance of developed countries will reduce it. We also find that divergence in business cycles-de-coupling between the two groups of countries fosters FDI inflows in emerging economies. These help explain and predict recent changes in the global business landscape and inform public policy and managerial practice. |
| |
| Keywords: | Business cycles-de-coupling Comparative economic performance De-industrialisation Emerging economies FDI inflows |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
