The location of foreign direct investment in finance, insurance and real estate in the United States

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9 Scopus citations

Abstract

Examines the spatial distribution of foreign direct investment (FDI) in finance, insurance, and real estate (FIRE) in the US. A set of locational determinants is selected from the literature on the location of US service industries to explain the pattern of foreign service firms' direct investment activity in the US. These determinants are the agglomeration of domestic producer services, the share of metropolitan population, the value of commercial and industrial property, and population growth. The effects of these factors are also found to vary across US regions. Such findings necessitate future research on FDI in the nonmanufacturing sector at disaggregated spatial scales in order to understand the impact of FDI on local economies. -from Author

Original languageEnglish (US)
Pages (from-to)187-197
Number of pages11
JournalGeografiska Annaler, Series B
Volume73 B
Issue number3
DOIs
StatePublished - 1991
Externally publishedYes

ASJC Scopus subject areas

  • Geography, Planning and Development

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