The clustering of FDI in India: the importance of peer effects
Nunnenkamp, P. & Mukim, M.
(2012).
The clustering of FDI in India: the importance of peer effects.
Applied Economics Letters,
19(8), 749-753.
https://doi.org/10.1080/13504851.2011.602007
We assess the location choices of 6020 foreign investors at the level of Indian districts. Employing conditional logit models, we find that clustering of Foreign Direct Investment (FDI) is driven strongly by herding among investors from both, the same and other countries of origin. However, the behaviour of Nonresident Indians (NRIs) and German investors is strikingly different.
| Item Type | Article |
|---|---|
| Copyright holders | © 2012 Taylor & Francis |
| Departments | LSE > Academic Departments > International Development |
| DOI | 10.1080/13504851.2011.602007 |
| Date Deposited | 03 Oct 2011 |
| URI | https://researchonline.lse.ac.uk/id/eprint/38554 |