caa a22 4500 445859091 CHVBK 20180317145437.0 cr unu---uuuuu 170323e20110901xx s 000 0 eng 10.1007/s10290-011-0089-7 doi (NATIONALLICENCE)springer-10.1007/s10290-011-0089-7 Ragoussis Alexandros OECD Statistics Directorate, 2 rue André Pascal, 75775, Paris cedex 16, France aut The investment development path in space [Elektronische Daten] [Alexandros Ragoussis] Although spatial hypotheses are not new in the FDI literature, their examination in the dynamic context of the ‘investment development path' (IDP) provides some new insights. In this paper, we examine proximity to markets at different stages of the IDP as a determinant of a country's own foreign direct investment (FDI) pattern. Our main contribution lies in the empirical estimation of the importance of spatial determinants for the emergence of inward and outward FDI. Our results support that distance to countries at higher stages up the IDP which are better integrated into the world FDI network, has a negative effect on the probability of transition from any stage of the IDP to the next. The magnitude of the impact is generally increasing in the stage of the surrounding markets. Kiel Institute, 2011 Foreign direct investment nationallicence Investment development path nationallicence Review of World Economics Springer-Verlag 147/3(2011-09-01), 527-541 1610-2878 147:3<527 2011 147 10290 https://doi.org/10.1007/s10290-011-0089-7 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10290-011-0089-7 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Ragoussis Alexandros OECD Statistics Directorate, 2 rue André Pascal, 75775, Paris cedex 16, France aut NATIONALLICENCE 773 0- Review of World Economics Springer-Verlag 147/3(2011-09-01), 527-541 1610-2878 147:3<527 2011 147 10290 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer