Formal Institutions and Foreign Direct Investment

被引:26
|
作者
Seyoum, Belay [1 ,2 ,3 ]
机构
[1] Nova Southeastern Univ, Int Business Studies, Ft Lauderdale, FL 33314 USA
[2] Int Business Concordia, Montreal, PQ, Canada
[3] McGill Univ, Montreal, PQ, Canada
关键词
D O I
10.1002/tie.20256
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study examines the impact of formal institutions on foreign direct investment. First, the quality (strength or weakness) of formal institutions in host countries is analyzed. Second, the absolute differences in the quality of formal institutions between the host and home countries are examined. The results show that (1) strong formal institutions in host countries positively influence FDI flows and (2) the larger the institutional distance between the home and host country, the lesser the FDI inflows. (C) 2009 Wiley Periodicals, Inc.
引用
收藏
页码:165 / 181
页数:17
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