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

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Hefeker, Carsten
  • Busse, Matthias
  • Hamburg Institute of International Economics (HWWA)

Entstanden

  • 2005

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