TY - JOUR
T1 - Foreign direct investment and civil rights
T2 - Testing decreasing returns to civil rights
AU - Ponce, Aldo Fernando
N1 - Copyright:
Copyright 2012 Elsevier B.V., All rights reserved.
PY - 2010
Y1 - 2010
N2 - In this paper, I examine the effectiveness of improvements in political and civil rights for attracting foreign direct investment flows (FDI) into democracies. I contend that advances in the quality of democracy - specifically those concerning civil rights - present positive but decreasing marginal returns in attracting FDI inflows. I empirically prove this proposition by using panel data regressions within the Latin American and Eastern European contexts from periods following their democratization (1991-2003).
AB - In this paper, I examine the effectiveness of improvements in political and civil rights for attracting foreign direct investment flows (FDI) into democracies. I contend that advances in the quality of democracy - specifically those concerning civil rights - present positive but decreasing marginal returns in attracting FDI inflows. I empirically prove this proposition by using panel data regressions within the Latin American and Eastern European contexts from periods following their democratization (1991-2003).
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M3 - Article
AN - SCOPUS:84857542774
SN - 1582-456X
VL - 10
SP - 5
EP - 21
JO - Romanian Journal of Political Science
JF - Romanian Journal of Political Science
IS - 1
ER -
