Ponce, Aldo (2010): Foreign Direct Investment and Civil Rights: Testing Decreasing Returns to Civil Rights.
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In this paper, I examine the effectiveness of improvements in political and civil rights for attracting foreign direct investment flows (FDI) into democracies. I contend that advances in the quality of democracy – specifically those concerning civil rights – present positive but decreasing marginal returns in attracting FDI inflows. I empirically prove this proposition by using panel data regressions within the Latin American and Eastern European contexts from periods following their democratization (1991-2003).
|Item Type:||MPRA Paper|
|Original Title:||Foreign Direct Investment and Civil Rights: Testing Decreasing Returns to Civil Rights|
|Keywords:||foreign direct investment, civil rights, democratization, developing nations, Latin America, Eastern Europe|
|Subjects:||K - Law and Economics > K1 - Basic Areas of Law > K12 - Contract Law
K - Law and Economics > K0 - General > K00 - General
F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment; Long-Term Capital Movements
K - Law and Economics > K1 - Basic Areas of Law > K11 - Property Law
K - Law and Economics > K3 - Other Substantive Areas of Law > K31 - Labor Law
P - Economic Systems > P5 - Comparative Economic Systems > P52 - Comparative Studies of Particular Economies
|Depositing User:||Dr ALDO PONCE|
|Date Deposited:||13. Apr 2010 02:09|
|Last Modified:||02. Mar 2013 04:43|
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