TY - JOUR
T1 - Governance and foreign direct investment: A panel gravity model approach
AU - Bellos, Sotirios
AU - Subasat, Turan
PY - 2012
Y1 - 2012
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=84859174006&partnerID=8YFLogxK
UR - http://dx.doi.org/10.1080/02692171.2011.587110
U2 - 10.1080/02692171.2011.587110
DO - 10.1080/02692171.2011.587110
M3 - Article
SN - 0269-2171
VL - 26
SP - 303
EP - 328
JO - International Review of Applied Economics
JF - International Review of Applied Economics
IS - 3
ER -
