Skip to main content
Article thumbnail
Location of Repository

The clustering of FDI in India: the importance of peer effects

By Peter Nunnenkamp and Megha Mukim

Abstract

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

Topics: H Social Sciences (General), HF Commerce
Publisher: Taylor & Francis
Year: 2012
DOI identifier: 10.1080/13504851.2011.602007
OAI identifier: oai:eprints.lse.ac.uk:38554
Provided by: LSE Research Online
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://www.tandfonline.com/doi... (external link)
  • http://eprints.lse.ac.uk/38554... (external link)
  • Suggested articles


    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.