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 …

While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often … public investment in a large sample of road construction projects in developing countries. Consistent with the presence of … absorptive capacity constraints, our results show a non-linear U-shaped relationship between public investment and project costs …