Do Institutions Matter for Foreign Direct Investment?

被引：160

作者：

Ali, Fathi A. ^{[1
]}

Fiess, Norbert ^{[1
]}

MacDonald, Ronald ^{[1
]}

机构：

[1] Univ Glasgow, Dept Econ, Glasgow, Lanark, Scotland

来源：

OPEN ECONOMIES REVIEW | 2010年 / 21卷 / 02期

关键词：

Foreign direct investment; Institutions; Sectoral FDI; DEVELOPING-COUNTRIES; FDI INFLOWS; DETERMINANTS; CORPORATIONS; REPRESSION; GOVERNANCE; CIVIL;

D O I：

10.1007/s11079-010-9170-4

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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.

引用

页码：201 / 219

页数：19

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