International financial competitiveness and incentives to foreign direct investment /

In this paper an index of financial competitiveness is calculated that corresponds to the market-to-book ratio of inward FDI stocks. For a panel of five advanced economies from 1980 to 2006 it is shown that price competitiveness, stable inflation rates and registered patents have a positive impact o...

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Bibliographic Details
Main Author: Jochem, Axel
Format: Book
Language:English
Published: Frankfurt am Main : Deutsche Bundesbank, 2008
Series:Discussion paper (Deutsche Bundesbank). Series 1: economic studies no. 29/2008
Subjects:
Online Access:http://econstor.eu/bitstream/10419/27653/1/200829dkp.pdf