01724cas a2200241 a 4500 AALejournalIMF000720 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451929607 1018-5941 BD-DhAAL BD-DhAAL Zebregs, Harm. Can the Neoclassical Model Explain the Distribution of Foreign Direct Investment Across Developing Countries? / Harm Zebregs. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (28 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Since the beginning of the 1990s, foreign direct investment (FDI) in developing countries has increased dramatically. The distribution of FDI flows across these countries, however, is highly uneven; only a small number attract comparatively large amounts of foreign capital. This paper investigates whether the pattern of FDI flows can be explained by the standard neoclassical model or by modified versions of this model that allow for differences in production technologies across countries. The results suggest that the standard neoclassical approach is not particularly useful if we want to understand FDI flows to developing countries. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1998/139 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/139/001.1998.issue-139-en.xml IMF e-Library