Demographic Structure and the Security of Property Rights in Developing Countries – An Empirical Exploration

Arbeitspapier

It is often argued that countries with a high population share of children and young workers should attract large capital inflows from aging industrialized economies. However, many of these countries deter foreign investors by a high risk of creeping or outright expropriation. In this paper we explore whether the correlation between countries' demographic structure and the perceived security of property rights reflects a causal relationship. We show that, once we control for other potential determinants of expropriation risk, the ratio of young to old workers has a positive effect on the perceived security of property rights in low-income countries. This effect is the stronger the more democratic the political system.

Angaben zum Objekt

• ISBN: 978-3-86788-261-3
• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Ruhr Economic Papers ; No. 229

Klassifikation und Themen

• Klassifikation: Wirtschaft ; International Investment; Long-term Capital Movements ; Positive Analysis of Policy Formulation and Implementation ; Demographic Economics: General
• Thema: international investment ; political economy ; expropriation risk ; demographics

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Harms, Philipp ; an de Meulen, Philipp
• Ereignis: Veröffentlichung
• (wer): Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI)
• (wo): Essen
• (wann): 2010

Weitere Informationen

• Handle: http://hdl.handle.net/10419/45341
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ