resource production makes expropriation more attractive from the perspective of national governments. A low expropriation risk … estimations of a simultaneous equation model for 50 resource-rich countries in which we endogenize expropriation risk, corruption …

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 …

theory that relates direct and indirect forms of expropriation to the degree of political instability (the frequency at which …In this article, we describe some stylized facts about expropriation of Foreign Direct Investment (FDI) and develop a … redistributive uncertainty of the amount expropriated, result in excessive expropriation. We find that, consistent with empirical …