Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/75778
Authors: 
Harms, Philipp
Ursprung, Heinrich
Year of Publication: 
2001
Series/Report no.: 
CESifo Working Paper 421
Abstract: 
Multinational enterprises are often accused to have a preference for investing in countries in which the working populations' civil and political rights are largely disregarded. This paper presents an empirical investigation of the popular political repression boosts FDI hypothesis and arrives at the conclusion that the hypothesis is not supported. On the contrary, multinational enterprises rather appear to be attracted by countries in which civil and political freedom is respected. Our finding thus supports the notion that there is a positive relationship between democracy and economic growth.
Subjects: 
Foreign direct investment
globalization
globalisation
democracy
freedom
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.