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Studies of the impact of local political risk on foreign direct investment inflows overlook that worldwide FDI comes in waves. Using a simple model we show that the impact of political risk on FDI inflows is likely to be weaker, the larger the worldwide amount of FDI, which may question standard...
Persistent link: https://www.econbiz.de/10011011751
This paper investigates the timing of the impact of changes in checks and balances on macroeconomic efficiency in a panel of countries. Using Battese and Coelli’s one-stage approach, we find that increasing checks and balances results in greater efficiency. Furthermore, the impact of...
Persistent link: https://www.econbiz.de/10009211289
more in countries with high institutional quality than in countries with defective institutions. The results are …
Persistent link: https://www.econbiz.de/10010687741
. Specifically, the marginal impact of formal legal institutions decreases with trust, and vice versa. These findings apply both to …
Persistent link: https://www.econbiz.de/10010699087
F22, J24, J61, J64. </AbstractSection> Copyright Beine and Sekkat; licensee Springer. 2013
Persistent link: https://www.econbiz.de/10010998422
This paper investigates the evolution and determinants of manufactured exports and FDI in MED-11 countries over the period 1985-2009 as well as the prospects of their evolution under different scenarios pertaining to the evolution of the determinants. The econometric analysis confirmed the role...
Persistent link: https://www.econbiz.de/10009650246
Studies of the impact of local political risk on foreign direct investment inflows overlook that worldwide FDI comes in waves. Using a simple model we show that the impact of political risk on FDI inflows is likely to be weaker, the larger the worldwide amount of FDI, which may question standard...
Persistent link: https://www.econbiz.de/10010588317
This paper investigates the evolution and determinants of manufactured exports and FDI in MED-11 countries over the period 1985-2009 as well as the prospects of their evolution under different scenarios pertaining to the evolution of the determinants. The econometric analysis confirmed the role...
Persistent link: https://www.econbiz.de/10011430888
We examine two impacts of international emigration on the evolution of the institutions in the origin countries. The …
Persistent link: https://www.econbiz.de/10010331869
that exports of manufactured goods are positively affected by the quality of institutions but neither total exports nor … nonmanufactured exports. The latter may even correlate negatively with the quality of institutions. The results are robust to …
Persistent link: https://www.econbiz.de/10008574362