caa a22 4500 44585913X CHVBK 20180317145437.0 cr unu---uuuuu 170323e20110901xx s 000 0 eng 10.1007/s10290-011-0096-8 doi (NATIONALLICENCE)springer-10.1007/s10290-011-0096-8 Waldkirch Andreas Department of Economics, Colby College, 5244 Mayflower Hill, 04901, Waterville, ME, USA aut Comparative advantage FDI? A host country perspective [Elektronische Daten] [Andreas Waldkirch] Recent empirical studies of the determinants of multinational activity across countries have found overwhelming support for a horizontal rather than a vertical model of foreign direct investment (FDI). They all use US or other developed country data. This paper, in contrast, uses a detailed industry-level data set on FDI in a relatively skilled-labor and capital scarce country, Mexico, to shed light on the determinants of FDI between largely dissimilar countries. The results indicate considerably more support for a comparative advantage motive for FDI, although a market access motive is present as well. The correlation between skill differences and FDI is positive in all industries, but when differences are large, FDI flows into sectors that are intensive in total labor, regardless of skill level. The concentration of multinational activity in (unskilled) labor intensive industries suggests a potential for spillover effects. Kiel Institute, 2011 Foreign direct investment nationallicence Multinationals nationallicence Mexico nationallicence Review of World Economics Springer-Verlag 147/3(2011-09-01), 485-505 1610-2878 147:3<485 2011 147 10290 https://doi.org/10.1007/s10290-011-0096-8 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10290-011-0096-8 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Waldkirch Andreas Department of Economics, Colby College, 5244 Mayflower Hill, 04901, Waterville, ME, USA aut NATIONALLICENCE 773 0- Review of World Economics Springer-Verlag 147/3(2011-09-01), 485-505 1610-2878 147:3<485 2011 147 10290 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer