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https://hdl.handle.net/10419/19312
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Busse, Matthias | en |
dc.date.accessioned | 2009-01-28T15:57:13Z | - |
dc.date.available | 2009-01-28T15:57:13Z | - |
dc.date.issued | 2003 | - |
dc.identifier.uri | http://hdl.handle.net/10419/19312 | - |
dc.description.abstract | Many 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.iso | eng | en |
dc.publisher | |aHamburg Institute of International Economics (HWWA) |cHamburg | en |
dc.relation.ispartofseries | |aHWWA Discussion Paper |x220 | en |
dc.subject.jel | F21 | en |
dc.subject.jel | F23 | en |
dc.subject.jel | C31 | en |
dc.subject.jel | C33 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | FDI | en |
dc.subject.keyword | Democracy | en |
dc.subject.keyword | Political Rights | en |
dc.subject.keyword | Civil Liberties | en |
dc.subject.stw | Direktinvestition | en |
dc.subject.stw | Multinationales Unternehmen | en |
dc.subject.stw | Demokratie | en |
dc.subject.stw | Menschenrechte | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | Welt | en |
dc.title | Democracy and FDI | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 363658319 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:hwwadp:26260 | en |
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