Ontology highlight
ABSTRACT:
SUBMITTER: Carril-Caccia F
PROVIDER: S-EPMC6478325 | biostudies-literature | 2019
REPOSITORIES: biostudies-literature
PloS one 20190423 4
The present work reassesses the impact of good governance and democracy on Foreign Direct Investment (FDI) in oil-abundant countries. To this end, we estimate the effect of host countries' institutions on greenfield FDI, using a gravity equation for a dataset that covers 182 countries during 2003-2012. Our findings confirm that compliance to rule of law, lack of corruption, political stability and democracy could boost new FDI links through the extensive margin. Our results could not rule out th ...[more]