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http://hdl.handle.net/10419/19312
  

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dc.contributor.authorBusse, Matthiasen_US
dc.coverage.temporal1970-2000en_US
dc.date.accessioned2009-01-28T15:57:13Z-
dc.date.available2009-01-28T15:57:13Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/19312-
dc.description.abstractMany believe that multinational enterprises insensitively ignore political rights and civil liberties in the countries of their investments. Frequently, non-governmental organisations accuse multinationals of fostering repressive regimes in developing countries and consider foreign direct investment (FDI) as a tool of exploitation. This paper tries to examine empirically the complex relationship between democracy and FDI in a systematic way, using cross-sectional and panel data analysis. The results indicate that – on average – investments by multinationals are significantly higher in democratic countries, thereby refuting the hypothesis that political repression fosters FDI. Yet this positive link does not hold for the 1970s, when a considerable share of FDI flowed to countries with repressive regimes.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesHWWA Discussion Paper 220en_US
dc.subject.jelF21en_US
dc.subject.jelF23en_US
dc.subject.jelC31en_US
dc.subject.jelC33en_US
dc.subject.ddc330en_US
dc.subject.keywordFDIen_US
dc.subject.keywordDemocracyen_US
dc.subject.keywordPolitical Rightsen_US
dc.subject.keywordCivil Libertiesen_US
dc.subject.stwDirektinvestitionen_US
dc.subject.stwMultinationales Unternehmenen_US
dc.subject.stwDemokratieen_US
dc.subject.stwMenschenrechteen_US
dc.subject.stwSchätzungen_US
dc.subject.stwWelten_US
dc.titleDemocracy and FDIen_US
dc.typeWorking Paperen_US
dc.identifier.ppn360946224en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:hwwadp:26260-
Appears in Collections:HWWA Discussion Paper, Hamburgisches Welt-Wirtschafts-Archiv

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