期刊名称：Document de Travail / Centre d'Etudes Prospectives et d'Informations Internationales
出版年度：2005
卷号：1
出版社：Paris
摘要：In this paper, we contribute to the literature on the determinants of FDI in developing countries and re-evaluate the role of the quality of institutions on FDI. We use a newly available database, with unprecedented detail on institutions of a set of 52 countries, and compare the results with matched variables from more familiar datasets. The paper controls for the correlation between institutions and GDP per capita of the host country, and also accounts for potential endogeneity of institutions. Finally, we evaluate whether proximity of institutions between the host and the origin country raises bilateral FDI.
关键词：Foreign Direct Investment, Gravity model, Institutions, Developing countries
