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DOI10.1007/s11069-021-04976-3
The effect of natural disasters on FDI attraction: a sector-based analysis over time and space
Neise T.; Sohns F.; Breul M.; Revilla Diez J.
发表日期2021
ISSN0921030X
英文摘要Extensive research has addressed the question of why some countries are able to attract a large amount of foreign direct investment (FDI), while others are not. Until now, this research mostly neglected natural disasters as a business risk. In the realm of natural disaster research, some studies have investigated the effect of natural disasters on FDI inflow. However, this research remains overly simplistic and conceals the complexities of the underlying relationship. As such, this article aims to provide a more deciphered perspective by considering variations across economic sectors and the dynamic effect of natural disasters. We apply hybrid panel regressions to a dataset of 181 countries over a period of 13 years across four different economic sectors. The analysis shows that the effect of natural disasters on FDI inflow varies among economic sectors. From a longitudinal perspective, the study finds a positive relationship between exposure to natural disasters and the inflow of FDI within countries 3 and 5 years after an event. Overall, the findings highlight the complex nature of the relationship between natural disasters and FDI and warn against using too simplistic approaches. © 2021, The Author(s).
关键词Foreign direct investmentHybrid panel regressionMultinational enterprisesRiskSector-specific analysis
语种英语
来源期刊Natural Hazards
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/206452
作者单位Institute of Geography, Osnabrück University, Seminarstr. 19 a/b, Osnabrueck, 49074, Germany; Department of Economics and International Business, University of Greenwich, Old Royal Naval College, Park Row, Greenwich, London, SE10 9LS, United Kingdom; Institute of Geography, University of Cologne, Albertus-Magnus-Platz, Cologne, 50923, Germany
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Neise T.,Sohns F.,Breul M.,et al. The effect of natural disasters on FDI attraction: a sector-based analysis over time and space[J],2021.
APA Neise T.,Sohns F.,Breul M.,&Revilla Diez J..(2021).The effect of natural disasters on FDI attraction: a sector-based analysis over time and space.Natural Hazards.
MLA Neise T.,et al."The effect of natural disasters on FDI attraction: a sector-based analysis over time and space".Natural Hazards (2021).
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