DOI: 10.1007/s11069-021-04976-3
论文题名: The effect of natural disasters on FDI attraction: a sector-based analysis over time and space
作者: Neise T. ; Sohns F. ; Breul M. ; Revilla Diez J.
刊名: Natural Hazards
ISSN: 0921030X
出版年: 2021
语种: 英语
中文关键词: Foreign direct investment
; Hybrid panel regression
; Multinational enterprises
; Risk
; Sector-specific analysis
英文摘要: Extensive research has addressed the question of why some countries are able to attract a large amount of foreign direct investment (FDI), while others are not. Until now, this research mostly neglected natural disasters as a business risk. In the realm of natural disaster research, some studies have investigated the effect of natural disasters on FDI inflow. However, this research remains overly simplistic and conceals the complexities of the underlying relationship. As such, this article aims to provide a more deciphered perspective by considering variations across economic sectors and the dynamic effect of natural disasters. We apply hybrid panel regressions to a dataset of 181 countries over a period of 13 years across four different economic sectors. The analysis shows that the effect of natural disasters on FDI inflow varies among economic sectors. From a longitudinal perspective, the study finds a positive relationship between exposure to natural disasters and the inflow of FDI within countries 3 and 5 years after an event. Overall, the findings highlight the complex nature of the relationship between natural disasters and FDI and warn against using too simplistic approaches. © 2021, The Author(s). Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/169251
Appears in Collections: 气候变化与战略
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作者单位: Institute of Geography, Osnabrück University, Seminarstr. 19 a/b, Osnabrueck, 49074, Germany; Department of Economics and International Business, University of Greenwich, Old Royal Naval College, Park Row, Greenwich, London, SE10 9LS, United Kingdom; Institute of Geography, University of Cologne, Albertus-Magnus-Platz, Cologne, 50923, Germany
Recommended Citation:
Neise T.,Sohns F.,Breul M.,et al. The effect of natural disasters on FDI attraction: a sector-based analysis over time and space[J]. Natural Hazards,2021-01-01