Foreign direct investment and civil liberties: A new perspective

dc.contributor.authorAdam, Antonisen
dc.contributor.authorFilippaios, Fragkiskosen
dc.date.accessioned2015-11-24T17:04:34Z
dc.date.available2015-11-24T17:04:34Z
dc.identifier.urihttps://olympias.lib.uoi.gr/jspui/handle/123456789/11198
dc.rightsDefault Licence-
dc.subjectFDIen
dc.subjectPolitical libertiesen
dc.subjectCivil libertiesen
dc.titleForeign direct investment and civil liberties: A new perspectiveen
heal.abstractThe conjecture that democracy discourages foreign direct investment (FDI) has been widely refuted in empirical studies. However, we find support of this view. We distinguish between civil and political liberties and propose that multinational firms tend to invest in countries with low civil but with high political liberties. We show that the negative relationship between civil liberties and FDI is hump-shaped. A threshold level of civil liberties exists, below which repression of civil liberties is associated with more FDI. The results are explained by different economic motives for FDI in different groups of countries.en
heal.accesscampus-
heal.fullTextAvailabilityTRUE-
heal.identifier.primary10.1016/j.ejpoleco.2006.08.006-
heal.journalNameEuropean Journal of Political Economyen
heal.journalTypepeer reviewed-
heal.languageen-
heal.publicationDate2007-
heal.recordProviderΠανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημώνel
heal.typejournalArticle-
heal.type.elΆρθρο Περιοδικούel
heal.type.enJournal articleen

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