Foreign Direct Investment and Democracy: A Robust Fixed Effects Approach to a Complex Relationship

Vincenzo Verardi, Rodolphe Desbordes

Résultats de recherche: Contribution à un journal/une revueArticle

Résumé

We develop a new robust-to-outliers dummy estimator that we subsequently apply to investigate the impact of various democratic attributes on foreign direct investment in recent years. We find that democracy has generally a positive impact on foreign direct investment, once outliers are controlled for, but that this relationship is very specific to each host country's characteristics.

langue originaleAnglais
Pages (de - à)43-82
Nombre de pages40
journalPacific Economic Review
Volume22
Numéro de publication1
Les DOIs
Etat de la publicationPublié - 1 févr. 2017

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