Durnev, Art; Enikolopov, Ruben; Petrova, Maria; … - Center for Economic and Financial Research (CEFIR), New … - 2012
We analyze the role of political instability for the organizational form of foreign investment, whether it takes the form of a majority- or minority-owned investment. We focus on the instability generated by the change of the party in power in a democratic system, rather than on the risk of...