Template-Type: ReDIF-Article 1.0 
Author-Name: Pragyanrani Behera
Author-Name: Prajukta Tripathy
Author-Name: Bikash Ranjan Mishra
Author-Email:  bikashranjan.mishra@gmail.com
Author-Workplace-Name:  Humanities and Social Sciences Department, National Institute of Technology, India
Title: The Directionality of Outward FDI and Its Determinants - Findings From Asian Emerging Countries
Abstract:  This study investigates the determinants of outward foreign direct investment (OFDI) for eight emerging Asian source countries vis-à-vis 107 host countries from 2009 to 2016. We employ Bayesian model averaging and the weighted average least squares technique to address the problem of model uncertainty. Our findings reveal that the OFDI position of Asian emerging countries targets developed countries for market- and asset-seeking purposes, emerging countries for market seeking, and most resource-seeking investments are directed to other developing countries.
Classification-JEL:  F21,N25,L72
Keywords:  model averaging,asian emerging countries,fdi determinants
Journal:  Asian Economics Letters
Pages: 1-6
Volume: 3
Issue: Early View
Year:  2021
DOI:  2021/12/05
File-URL:  https://a-e-l.scholasticahq.com/api/v1/articles/25378-the-directionality-of-outward-fdi-and-its-determinants-findings-from-asian-emerging-countries.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnael:54