Three Essays on FDI and Decentralization

Chapter 3 provides empirical evidences on the arguments discussed in Chapter 1 and Chapter 2. Estimation result based on U.S. outward FDI indicates that decentralized countries attract more FDI than unitary countries. The estimation results support the hypotheses derived from the theoretical models: A decentralized country has more FDI when sub-national governments have enough authority on FDI policies and the differences of employment gain among regions are large. Decentralization has positive effects on FDI when fiscal authority and political power is appropriately divided between central government and sub-national governments. Decentralization has significantly positive effect on FDI only in a democratic country.

Name thesis:degree_name

Ph.D.

Level thesis:degree_level

Dissertation

Discipline thesis:degree_discipline

Economics

Grantor

University of Illinois at Urbana-Champaign

Year dc:date

2015

Author dc:creator

• Ahn, Byung Kwun

Contributors dc:contributor

• Hadi Salehi Esfahani

• Economics, General

Language dc:language

eng

Identifier

(MiAaPQ)AAI3223531

OAI identifier oai:identifier

oai:www.ideals.illinois.edu:2142/85566