Ali, F.A., Fiess, N. and MacDonald, R. (2010) Do institutions matter for foreign direct investment? Open Economies Review, 21(2), pp. 201-219. (doi: 10.1007/s11079-010-9170-4)
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Abstract
Using a panel of 69 countries during 1981 and 2005, we investigate the role of institutions in determining foreign direct investment (FDI). We find that institutions are a robust predictor of FDI and that the most significant institutional aspects are linked to propriety rights. Using a novel data set, we also study the impact of institutions on FDI at the sectoral level. We find that institutions do not have a significant impact on FDI in the primary sector but that institutional quality matters for FDI in manufacturing, and particularly in services.
Item Type: | Articles |
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Status: | Published |
Refereed: | Yes |
Glasgow Author(s) Enlighten ID: | MacDonald, Professor Ronald and Fiess, Dr Norbert |
Authors: | Ali, F.A., Fiess, N., and MacDonald, R. |
Subjects: | H Social Sciences > HF Commerce H Social Sciences > HB Economic Theory |
College/School: | College of Social Sciences > Adam Smith Business School > Economics |
Journal Name: | Open Economies Review |
Publisher: | Springer |
ISSN: | 0923-7992 |
ISSN (Online): | 1573-708X |
Published Online: | 03 March 2010 |
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