Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/19312 
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dc.contributor.authorBusse, Matthiasen
dc.date.accessioned2009-01-28T15:57:13Z-
dc.date.available2009-01-28T15:57:13Z-
dc.date.issued2003-
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
dc.language.isoengen
dc.publisher|aHamburg Institute of International Economics (HWWA) |cHamburgen
dc.relation.ispartofseries|aHWWA Discussion Paper |x220en
dc.subject.jelF21en
dc.subject.jelF23en
dc.subject.jelC31en
dc.subject.jelC33en
dc.subject.ddc330en
dc.subject.keywordFDIen
dc.subject.keywordDemocracyen
dc.subject.keywordPolitical Rightsen
dc.subject.keywordCivil Libertiesen
dc.subject.stwDirektinvestitionen
dc.subject.stwMultinationales Unternehmenen
dc.subject.stwDemokratieen
dc.subject.stwMenschenrechteen
dc.subject.stwSchätzungen
dc.subject.stwWelten
dc.titleDemocracy and FDI-
dc.typeWorking Paperen
dc.identifier.ppn363658319en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:hwwadp:26260en

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