Special Issue Call for Papers

Special Issue on Transportation infrastructure and foreign direct investment—cases from emerging markets with special focus on Latin America

Transportation infrastructure availability is a key factor shaping business location decisions and hence foreign direct investment (FDI) inflows. Countries with more efficient interconnected transportation networks might be more competitive and attractive for the private sector when deciding to relocate or to start operations in a new location. Several authors have discussed the importance of infrastructure in attracting FDI. These include Wheeler and Mody (1992), Loree and Guisinger (1995), Kinoshita (1998), Richaud et al. (1999), Canning and Bennathan (2000), Kumar (2001), Asiedu (2002, 2006), and Ochi, et al 2012 among others.

When selecting a location to do business, foreign direct investors typically face the tradeoff between moving to an emerging economy to take advantage of lower labor costs and higher transport costs due to inadequate transportation infrastructure. Transportation public capital may improve the productivity of FDI. While studies have concentrated on developed economies, research on emerging markets and particularly in Latin America are scarce.

This special issue is devoted to investigate the role of transport infrastructure and other key determinants in enhancing the attractiveness of FDI recipient countries. Authors are expected to provide their research results at the global, national, state, municipal, or firm level and compare them. Priority will be given to econometric articles (e.g. spatial, dynamic, panel data, time-series, instrumental variables, etc) aimed at providing quantitative analysis in addition to suggested empirical evidence.

About the issue

The scope of topics covered in the this issue include:

  • Role of transportation infrastructure and macroeconomic variables on the attractiveness of foreign direct investment in developing countries with special focus on Latin America.

  • Explore what are the key determinants of foreign direct investments and who are the key FDI decision makers.

  • Identify what are the key determinants of public and private investment in transportation infrastructure.

  • Document how foreign direct investors evaluate the efficiency of transportation infrastructure systems in each country.

  • Assess how much investment in public capital stocks (i.e. airports, highways and the like) increases output.

  • Document mechanisms for carrying out self-financing infrastructure projects outside of existing budget caps.

  • Use of economic and statistical methods of analysis in panel data research.

Important dates

Submission Deadline: December 28, 2015
Notification of Acceptance: January 31, 2016
Final Version Due: February 28, 2016
Special Issue Publishing Date: March 31, 2016

Chief Guest Editor

Arturo Bujanda
Texas A&M Transportation Institute
Email: a-bujanda@tamu.edu

Submit your article now

Manuscripts should be submitted as an attached file to an e-mail directed to the Chief Guest Editor, Arturo Bujanda at the address: <a-bujanda@tamu.edu>

or through the journal's Paper Submission System.