The Environmental Determinants of Foreign Direct Investment An E0332x0332 P

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The Environmental Determinants of Foreign Direct Investment An E0332x0332 P
Stephen Jay Kobrin
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92 -. 11 . 00 -. 19 -. 01 . 90 Revolutions -. 15 . 75 . 00 . 26 . 07 -. 04 . 65 Irregular Changes -. 11 -. 62 . 88 -. 07 . 18 . 06 -. 06 . 22 -. 03 -. 01 . 82 GDP -. 13 . 67 . 90 Population -. 07 . 09 -. 01 . 45 . 96 . 11 . 15 -. 02 -. 05 -. 11 . 95 Executive Changes . 00 . 67 . 67 Cabinet Changes -. 19 . 11 . 04 . 80 . 03 . 12 . 70 Crises . 15 -. 26 . 45 . 50 . 15 . 17 . 55 . 24 -. 01 . 01 . 60 Armed Attacks . 20 . 61 . 76 Guerrilla Warfare -. 15 . 01 . 30 -. 24 . 13 -. 03 . 11 -. 01 . 67 -. 1...2 . 60 Growth GNP -. 14 . 92 . 93 Growth GNP/Capita . 23 39. 5 -. 23 17. 4 -. 04 7. 8 . 04 5. 8 . 01 3. 9 . 78 . 71 % Variance 3. 2 % Cum. Var.
39. 5 57. 0 64. 8 70. 6 74. 5 77. 7 n of loadings is relatively clear and unambiguous. One of the six factors represents socio-economic development, two are measures of the economy, and three are indicators of political instability.
The variables loading most highly on the first factor (S^ in Table 1) include Gross Domestic Product per Capita, measures of social development, indicators of the degree of homogeneity of society, and measures of communications and transportation infrastructure.


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