01919cas a2200253 a 4500 AALejournalIMF006675 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455202218 1018-5941 BD-DhAAL BD-DhAAL Yu, Jiangyan. Determinants of Foreign Direct Investment : A Sectoral and Institutional Approach / Jiangyan Yu, James Walsh. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (27 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 Using a dataset which breaks down FDI flows into primary, secondary and tertiary sector investments and a GMM dynamic approach to address concerns about endogeneity, the paper analyzes various macroeconomic, developmental, and institutional/qualitative determinants of FDI in a sample of emerging market and developed economies. While FDI flows into the primary sector show little dependence on any of these variables, secondary and tertiary sector investments are affected in different ways by countries' income levels and exchange rate valuation, as well as development indicators such as financial depth and school enrollment, and institutional factors such as judicial independence and labor market flexibility. Finally, we find that the effect of these factors often differs between advanced and emerging economies. Mode of access: Internet Walsh, James. IMF Working Papers; Working Paper ; No. 2010/187 Full text available on IMF http://elibrary.imf.org/view/journals/001/2010/187/001.2010.issue-187-en.xml IMF e-Library