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Title: Political environment and foreign direct investment: Evidence from OECD countries
Authors: Wisniewski, Tomasz P.
Pathan, S. K.
First Published: 11-Jul-2014
Publisher: Elsevier
Citation: European Journal of Political Economy, 2014, 36, pp. 13-23 (11)
Abstract: This paper examines the role that political factors play in the investment location decisions of multinational enterprises. It has been found that foreign direct investors shy away from countries with excessive government spending, especially when this spending is directed towards the military. They also seem to have a slight preference for leftist executives and be negatively predisposed toward situations in which the ruling party has held power for prolonged periods of time. Ceteris paribus, more FDI flows to countries that have presidential systems, established political parties and where the party of the executive controls all houses with lawmaking powers.
DOI Link: 10.1016/j.ejpoleco.2014.07.004
ISSN: 0176-2680
eISSN: 1873-5703
Version: Post-print
Status: Peer-reviewed
Type: Journal Article
Rights: Archived with reference to SHERPA/RoMEO and publisher website. NOTICE: this is the author’s version of a work that was accepted for publication in European Journal of Political Economy. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in European Journal of Political Economy 36 (2014) DOI 10.1016/j.ejpoleco.2014.07.004
Appears in Collections:Published Articles, School of Management

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