GOVERNANCE AND FOREIGN DIRECT INVESTMENT IN LATIN AMERICA: A PANEL GRAVITY MODEL APPROACH

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...

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Autores principales:	SUBASAT,TURAN, BELLOS,SOTIRIOS
Lenguaje:	English
Publicado:	Pontificia Universidad Católica de Chile. Instituto de Economía. 2013
Materias:	Governance FDI Latin America panel gravity model
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332013000100004
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spelling	oai:scielo:S0719-043320130001000042013-09-24GOVERNANCE AND FOREIGN DIRECT INVESTMENT IN LATIN AMERICA: A PANEL GRAVITY MODEL APPROACHSUBASAT,TURANBELLOS,SOTIRIOS Governance FDI Latin America panel gravity model 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.info:eu-repo/semantics/openAccessPontificia Universidad Católica de Chile. Instituto de Economía.Latin american journal of economics v.50 n.1 20132013-05-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332013000100004en10.7764/LAJE.50.1.107
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Governance FDI Latin America panel gravity model
spellingShingle	Governance FDI Latin America panel gravity model SUBASAT,TURAN BELLOS,SOTIRIOS GOVERNANCE AND FOREIGN DIRECT INVESTMENT IN LATIN AMERICA: A PANEL GRAVITY MODEL APPROACH
description	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.
author	SUBASAT,TURAN BELLOS,SOTIRIOS
author_facet	SUBASAT,TURAN BELLOS,SOTIRIOS
author_sort	SUBASAT,TURAN
title	GOVERNANCE AND FOREIGN DIRECT INVESTMENT IN LATIN AMERICA: A PANEL GRAVITY MODEL APPROACH
title_short	GOVERNANCE AND FOREIGN DIRECT INVESTMENT IN LATIN AMERICA: A PANEL GRAVITY MODEL APPROACH
title_full	GOVERNANCE AND FOREIGN DIRECT INVESTMENT IN LATIN AMERICA: A PANEL GRAVITY MODEL APPROACH
title_fullStr	GOVERNANCE AND FOREIGN DIRECT INVESTMENT IN LATIN AMERICA: A PANEL GRAVITY MODEL APPROACH
title_full_unstemmed	GOVERNANCE AND FOREIGN DIRECT INVESTMENT IN LATIN AMERICA: A PANEL GRAVITY MODEL APPROACH
title_sort	governance and foreign direct investment in latin america: a panel gravity model approach
publisher	Pontificia Universidad Católica de Chile. Instituto de Economía.
publishDate	2013
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0719-04332013000100004
work_keys_str_mv	AT subasatturan governanceandforeigndirectinvestmentinlatinamericaapanelgravitymodelapproach AT bellossotirios governanceandforeigndirectinvestmentinlatinamericaapanelgravitymodelapproach
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GOVERNANCE AND FOREIGN DIRECT INVESTMENT IN LATIN AMERICA: A PANEL GRAVITY MODEL APPROACH

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