This paper revisits the institutional determinants of foreign direct investment (FDI) using a comprehensive new data … set on the regulations that govern FDI in more than 80 countries. It exploits the presence of confirmed zero investment … with actual inflow of investment. These results are found to be robust to different specifications …

studies the impact of an urban land titling program on firm investment. It finds that the program leads to increased … investment rate for titling firms, and the positive effect holds only for politically connected firms. The effects are likely …

taxes impair subsidiary-level investment efficiency. Consistent with internal agency conflicts between the central …-level investment efficiency while reducing the level of investment. Our paper provides timely empirical evidence to inform expectations …