期刊
INTERNATIONAL REVIEW OF APPLIED ECONOMICS
卷 26, 期 3, 页码 303-328出版社
ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
DOI: 10.1080/02692171.2011.587110
关键词
governance; corruption; FDI; transition; gravity model
类别
This paper investigates the link between governance and foreign direct investment in the case of 14 transition countries by using a panel gravity model approach in two alternative ways. First, the level of governance in the target country is studied. Second, the absolute difference in the governance level between the source and target country is investigated. In both cases the results suggest that the lack of good governance does not deter, in fact it encourages, foreign direct investment.
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