The DOI matches its Crossref record; 43 of the 43 references it cites were found in a registry or an index.
Political Risk, Institutions and Foreign Direct Investment
Open accessAbstract
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.
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Cites
Arellano, M., & Bond, S. (1991) · The Review of Economic Studies · doi:10.2307/2297968 · Cited by 33,272
A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity
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Hausman, J. A. (1978) · Econometrica · doi:10.2307/1913827 · Cited by 18,820
Africa's Growth Tragedy: Policies and Ethnic Divisions
Easterly, W., & Levine, R. (1997) · The Quarterly Journal of Economics · doi:10.1162/003355300555466 · Cited by 5,649
Rodrik, D., Subramanian, A., & Trebbi, F. (2004) · Journal of Economic Growth · doi:10.1023/b:joeg.0000031425.72248.85 · Cited by 5,423
INSTITUTIONS AND ECONOMIC PERFORMANCE: CROSS‐COUNTRY TESTS USING ALTERNATIVE INSTITUTIONAL MEASURES
Knack, S., & Keefer, P. (1995) · Economics & Politics · doi:10.1111/j.1468-0343.1995.tb00111.x · Cited by 5,084
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How Taxing is Corruption on International Investors?
Wei, S.-J. (2000) · Review of Economics and Statistics · doi:10.1162/003465300558533 · Cited by 2,789
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Research works printed but not linked: 7
- Victor Gastanaga, 10.1163/2214-8264_dutchpamphlets-kb1-kb15388 · doi:10.1163/2214-8264_dutchpamphlets-kb1-kb15388
- Daniel Kaufmann, 1999, Governance Matters, World Bank Policy Research Working Paper 2196
- Prs Group, 2005, About ICRG: The Political Risk Rating, Internet Posting
- Prs Group, 2005, International Country Risk Guide: Political Risk (Table 3b)
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Cited by
Foreign Direct Investment, Aid and Terrorism: An Analysis of Developing Countries
Bandyopadhyay, S., Sandler, T., & Younas, J. (2011) · Federal Reserve Bank of St. Louis Working Paper · doi:10.20955/wp.2011.004 · Cited by 42
Metadata
- Authors
- Busse, M., & Hefeker, C.
- Venue
- SSRN Electronic Journal
- Publisher
- Elsevier BV
- Published
- 2005
- ISSN
- 1556-5068 (ISSN-L)
- OpenAlex
- W2096345561
- Cited by
- 309
- References
- 43
- Type
- posted content
- Language
- en
- Open access
- green
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