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Institutions and investment in the South and East Asia and Pacific region: evidence from meta-analysis

Institutions and investment in the South and East Asia and Pacific region: evidence from meta-analysis

Yerrabati, Sridevi and Hawkes, Denise (2015) Institutions and investment in the South and East Asia and Pacific region: evidence from meta-analysis. Discussion Paper. Kiel Institute for the World Economy.

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Abstract

Given the important role inward FDI can play in accelerating economic growth and transformation, developing countries are interested in attracting it. This study contributes to evidence-based policy making and to academic research on governance FDI relationship by meta synthesising 771 estimates from 48 empirical studies published from 1980 to 2012. In comparison to less regulated and high corrupt countries meta-regression results show that countries with high regulation and low levels of corruption are able to attract more FDI. Countries with stronger legal systems are positively related to inward FDI. As expected, aggregate governance is found to have a positive effect on inward FDI.

Item Type: Monograph (Discussion Paper)
Additional Information: Economics Discussion Papers, No 2015-62
Uncontrolled Keywords: meta-analysis, investment, institutions
Subjects: H Social Sciences > HB Economic Theory
Faculty / Department / Research Group: Faculty of Business
Faculty of Business > Department of International Business & Economics
Last Modified: 13 Aug 2019 11:59
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
Selected for GREAT 2019: None
URI: http://gala.gre.ac.uk/id/eprint/23879

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