Multi-level Determinants of Inward FDI Ownership

In this article we analyze the determinants of inward FDI ownership in developing countries using the Enterprises Survey Data of the World Bank for developing and emerging economies, and country level data from various sources. Using a multi-level logit model, we analyze which institutional and structural variables at both firm and country levels impact inward FDI. We find that the firm structural characteristics and their perceived obstacles...