Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/191323 
Erscheinungsjahr: 
2017
Schriftenreihe/Nr.: 
AGDI Working Paper No. WP/17/061
Verlag: 
African Governance and Development Institute (AGDI), Yaoundé
Zusammenfassung: 
We investigate how foreign aid dampens the effects of terrorism on FDI using interactive quantile regressions. The empirical evidence is based on 78 developing countries for the period 1984-2008. Bilateral and multilateral aid variables are used, while terrorism dynamics entail: domestic, unclear, transnational and total number of terrorist attacks. The main finding is that foreign aid cannot be used as a policy tool to effectively address a hypothetically negative effect of terrorism on FDI. The positive threshold we cannot establish is important for policy makers because it communicates a cut-off point at which foreign aid completely neutralizes the negative effect of terrorism on FDI. From the conditioning information set, we also establish for the most part that the effects of GDP growth, infrastructural development and trade openness are an increasing function of FDI. Policy implications are discussed.
Schlagwörter: 
FDI
Foreign aid
Terrorism
Quantile regression
JEL: 
C52
D74
F23
F35
O40
Dokumentart: 
Working Paper

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