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-growing populations. However, institutional failures and the risk of expropriation substantially reduce developing economies …, using a political-economy model in which population growth potentially affects the risk of expropriation. We first explore … how redistributive expropriation affects the welfare of different age groups and derive the government's incentive to …
Persistent link: https://www.econbiz.de/10003882307
. -- International investment ; political economy ; expropriation risk ; demographics … of creeping or outright expropriation. In this paper we explore whether the correlation between countries’ demographic … potential determinants of expropriation risk, the ratio of young to old workers has a positive effect on the perceived security …
Persistent link: https://www.econbiz.de/10008934959
-growing populations. However, institutional failures and the risk of expropriation substantially reduce developing economies …, using a political-economy model in which population growth potentially affects the risk of expropriation. We first explore … how redistributive expropriation affects the welfare of different age groups and derive the government's incentive to …
Persistent link: https://www.econbiz.de/10011430070
of creeping or outright expropriation. In this paper we explore whether the correlation between countries’ demographic … potential determinants of expropriation risk, the ratio of young to old workers has a positive effect on the perceived security …
Persistent link: https://www.econbiz.de/10014044397
This paper uses the enactment of China’s 2007 Property Law (the Law), which reduces the risk of expropriation by local … document evidence consistent with a decrease in firms’ perceived expropriation risk as the main mechanism underlying the Law …
Persistent link: https://www.econbiz.de/10014348953
We build a Real Options model to assess the importance of private provision and the impact of expropriation risk on … main topics: the firm's reaction to expropriation risk, the government drivers to expropriate, and the costs this generates … costs of expropriation, results show that the decision of the government regarding the level of political risk will largely …
Persistent link: https://www.econbiz.de/10013048395
Persistent link: https://www.econbiz.de/10008903657
We study the incentives to expropriate foreign capital under democracy and oligarchy. We model a two-sector small open … investments are undertaken and the structural features of the economy such as factor intensity. We characterize expropriation …
Persistent link: https://www.econbiz.de/10014220862
Foreign investment is often constrained by two forms of political risk: expropriation and corruption. We examine the … face the threat of expropriation. Using a novel dataset on worldwide expropriations of FDI over the 1990-2014 period, we … find a positive relationship between the extent of foreign investor protections and the likelihood of expropriation when a …
Persistent link: https://www.econbiz.de/10011446183
Clauses protecting against uncompensated expropriation are common feature in investment protection treaties …. Expropriation of foreign property was never prohibited under public international law provided it met certain conditions. For a long … time the question of the amount of compensation due in case of an expropriation dominated the legal debate. Nowadays, the …
Persistent link: https://www.econbiz.de/10013078847