Determinants of U.S. private foreign direct investments in Opec nations

From public and non-public policy perspectives

Bibliographic Data

ID20201610
AuthorsKingsley O Olibe (Texas A&M University), C Larry Crumbley (Louisiana State University)
Year1997
Volume9
Issue2
Pages331-355
Publication date1997-03-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Public Budgeting Accounting & Financial Management (JOURNAL)
Journal identifiersISSN: 1096-3367 • E-ISSN: 1945-1814
PublisherEmerald (PUBLISHER)
DOI10.1108/jpbafm-09-02-1997-b007
OpenAlexW2187705509
LanguageEN
Citations received2
References cited20

Previous research demonstrates that non-public policy variables (wage rate, raw material, GDP, GDP/capita, inverse of tax rate, and population) have significant influence in determining the flow of U.S. investment. Research has not, however, demonstrated that government accounting variables significantly affect Foreign Direct Investments (FDI) flow into either Organization of Petroleum Exporting Countries (OPEC) or non-OPEC countries. In light of this omission, the focus of this inquiry is on the examination of the potential influence of both government accounting and non-public variables in influencing the flow of the stock of U.S. foreign direct investment in the OPEC nations. To accomplish the objective, government accounting and non-public policy variables are employed to investigate whether they matter in determining investment flows into these countries. The results of the study suggest a direct linkage between the flow of FDI and accounting variables

Economic growth · Economics · Foreign direct investment · International economics · Macroeconomics · Monetary economics · Per capita · Population · Public policy · Corporate Taxation and Avoidance · Global trade and economics · International Business and FDI