Arbeitspapier
Political Risk, Institutions and Foreign Direct Investment
The paper explores the linkages between political risk, institutions and foreign direct investment inflows. Using different econometric techniques for a data sample of 83 developing countries and the period 1984 to 2003, we identify those indicators that matter most for the activities of multinational corporations. Overall, 12 different indicators for political risk and institutions are employed in the empirical analysis. The results show that government stability, the absence of internal conflict and ethnic tensions, basic democratic rights and ensuring law and order are highly significant determinants of foreign investment inflows.
- Sprache
-
Englisch
- Erschienen in
-
Series: HWWA Discussion Paper ; No. 315
- Klassifikation
-
Wirtschaft
Multiple or Simultaneous Equation Models: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
International Investment; Long-term Capital Movements
Multinational Firms; International Business
Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
- Thema
-
Political Risk
Institutions
FDI
Multinational Corporations
Direktinvestition
Länderrisiko
Politische Stabilität
Institutionalismus
Schätzung
Welt
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hefeker, Carsten
Busse, Matthias
- Ereignis
-
Veröffentlichung
- (wer)
-
Hamburg Institute of International Economics (HWWA)
- (wo)
-
Hamburg
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Hefeker, Carsten
- Busse, Matthias
- Hamburg Institute of International Economics (HWWA)
Entstanden
- 2005