Governance and foreign direct investment in Latin America: A panel gravity model approach



Título del documento: Governance and foreign direct investment in Latin America: A panel gravity model approach
Revista: Latin american journal of economics
Base de datos: CLASE
Número de sistema: 000399148
ISSN: 0719-0425
Autores: 1
2
Instituciones: 1Izmir University of Economics, Izmir. Turquía
2University of Macedonia, Tesalónica. Grecia
Año:
Periodo: May
Volumen: 50
Número: 1
Paginación: 107-131
País: Chile
Idioma: Inglés
Tipo de documento: Artículo
Enfoque: Aplicado
Resumen en inglés It is widely argued that good governance is an important determinant of foreign direct investment (FDI). With the exception of studies of corruption, however, empirical research on the link between governance and FDI is limited, particularly in the context of Latin America. Moreover, recent studies by Bellos and Subasat (2012a and 2012b) suggest that poor governance is a source of attraction rather than a hurdle for multinational companies in selected transition countries. By employing a panel data gravity model, this article aims to verify these unusual and interesting results in the context of selected Latin American countries. Our results confirm that the FDI enhancement role of poor governance exists not only in the transition countries but also in Latin America
Disciplinas: Economía,
Relaciones internacionales
Palabras clave: Comercio internacional,
Econometría,
Censos y estadísticas,
Relaciones económicas internacionales,
Gobernabilidad,
América Latina,
Inversión extranjera directa
Texto completo: Texto completo (Ver PDF)