منابع مشابه
Longitude Matters: Time Zones, the location of FDI, and Trade
In recent years a lot of attention has been paid to geographic latitude and its relationship with key variables like economic growth, development, and institutional quality. In this paper we show that longitude (time zones) also matters. Using bilateral Foreign Direct Investment (FDI) data and gravity model estimations, we find that time zones have a significant impact on the location of FDI. F...
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متن کاملLongitude Matters: Time Zones and the Location of Foreign Direct Investment
Using bilateral Foreign Direct Investment (FDI) data, we find that differences in time zones have a negative and significant effect on the location of FDI. Furthermore, once we control for time zone differences, the effect of distance on FDI is substantially reduced and, in most cases, no longer significant. Time zones also have a negative effect on trade, but this effect is much smaller than t...
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ژورنال
عنوان ژورنال: Nature
سال: 1879
ISSN: 0028-0836,1476-4687
DOI: 10.1038/019220c0