@techreport{Hefeker2005Political,
abstract = {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.},
author = {Carsten Hefeker and Matthias Busse},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {C31; F21; F23; C33; 330; Political Risk; Institutions; FDI; Multinational Corporations; Direktinvestition; L\"{a}nderrisiko; Politische Stabilit\"{a}t; Institutionalismus; Sch\"{a}tzung; Welt},
language = {eng},
number = {315},
title = {Political Risk, Institutions and Foreign Direct Investment},
type = {HWWA Discussion Paper},
url = {http://hdl.handle.net/10419/19287},
year = {2005}
}
