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A Foreign Direct Investment database for global CGE models

RePEc: Research Papers in EconomicsPublished 1 April 2012Open access
Christophe Gouel, Houssein Guimbard, David Laborde
Citations29
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Abstract

We describe the methodology used to construct a global database of foreign direct investments in three dimensions (investor country, host country and sector) for 2004. Based on Eurostat data, we estimate theoretical investments for all countries. Then we constrain our estimates subject to existing data with lower dimensions (1 or 2) during the balancing of the matrix, using a quadratic optimization. This database is intended for use for CGE modeling studies.

Keywords

Economics, Econometrics and Finance