期刊名称：Document de Travail / Centre d'Etudes Prospectives et d'Informations Internationales
出版年度：2003
卷号：1
出版社：Paris
摘要：We study in this paper the determinants of location choices of French multinational firms in Eastern and Western Europe. Our sample includes 1843 location choices in 19 countries over the years 1980 to 1999. Our results suggest there might be important differences between the two regions of Europe concerning these determinants. Noticeably, agglomeration effects are less strong in CEECs than in European Union countries. Location decisions are significantly and positively influenced by the institutional quality of the host country. Our work also investigates whether investors consider Western Europe and Eastern Europe as two distinct groups of potential host countries. We confirm the relevance of an East-West structure in the country location decision and also show that the relevance of this structure decreases as the transition process advances.
关键词：Foreign direct investment, location choice, conditional logit, nested logit, European Union, Eastern Europe
