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  • FDI and institutions : formal and informal institutions
    Kunčič, Aljaž ; Jaklič, Andreja
    This chapter examines the role of formal and informal institutions in foreign direct investment (FDI) dynamics. We examine the effects of the quality of legal, political, and economic formal ... institution as well as the effect of institutional distance (based on new dataset) on bilateral inward FDI stocks in 34 Organization for Economic Cooperation and Development countries for the period 1990-2010 using a gravity specification. Additionally, we also examine FDI for the effects of a specific informal institution - attitude of the public toward economic liberal issues. Reactions of FDI to liberal and nonliberal public opinion (part of informal institutions) are examined with and without controlling for formal institutions.
    Vir: Multinational enterprises, markets and institutional diversity (Str. 171-205)
    Vrsta gradiva - članek, sestavni del
    Leto - 2014
    Jezik - angleški
    COBISS.SI-ID - 33011549
    DOI

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