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Proceedings of the German Development Economics Conference, 2011 (Berlin) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/48286
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | McCann, Fergal | | en_US |
| dc.contributor.author | | Dorsch, Michael | | en_US |
| dc.contributor.author | | McGuirk, Eoin | | en_US |
| dc.date.accessioned | | 2011-07-15T14:20:21Z | | - |
| dc.date.available | | 2011-07-15T14:20:21Z | | - |
| dc.date.issued | | 2011 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/48286 | | - |
| dc.description.abstract | | This paper considers the relationship between democratic accountability in de- veloping countries and the policies they use to attract foreign direct investment (FDI). We isolate two policy areas that governments of developing countries use to attract FDI: the tax burden on firms and the regulatory standards within which they operate. Countries that maintain high business taxes can only attract FDI by offering a less regulated business environment, which may have associated po- litical costs. The extent to which democratic accountability constrains leaders in their tax/regulatory policy choices is our main line of analysis. The novelty of the paper is that it endogenously determines policy choices within a political economy framework that recognizes the trade-offs between attracting FDI and maintaining political control. Examination of firm-level survey data from foreign firms operating in eastern Europe and central Asian economies confirms our model's main conclusion: regulation is seen to be a relatively larger obstacle to doing business in countries with greater democratic accountability. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft Kiel und Hamburg | | en_US |
| dc.relation.ispartofseries | | Proceedings of the German Development Economics Conference, Berlin 2011 56 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.title | | Democratic Accountability and the Relative Obstacles to Foreign Investment | | en_US |
| dc.type | | Conference Paper | | en_US |
| dc.identifier.ppn | | 665576366 | | - |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| dc.identifier.repec | | RePEc:zbw:gdec11:56 | | - |
| Appears in Collections: | | Proceedings of the German Development Economics Conference, 2011 (Berlin)
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