Sep 1, 2017 · We show that this evidence is consistent with the predictions of a standard theory of FDI under imperfect contract enforcement and multiple dimensions of political risk. 1. Introduction. A potentially important barrier to foreign investment in many countries is the risk of expropriation.

New evidence relating sectoral patterns of FDI and expropriation in developing countries is also presented, making use of unique country FDI stock data according to major industrial sector. Specifically, the following empirical patterns are evaluated and discussed.

Previously reported effects of institutional quality and political risks on foreign direct investment (FDI) are mixed and, therefore, difficult to interpret. We present empirical evidence suggesting a relatively clear, statistically robust, and intuitive characterization.

Jan 1, 2014 · Globally, foreign direct investment (FDI) assets are expropriated more in resource extraction industries compared to other sectors. Despite the higher apparent risk of expropriation in resources, countries more likely to expropriate also have a …

evidence relating sectoral patterns of FDI and expropriation in developing countries is also presented, making use of unique country FDI stock data according to major industrial sector. Specifically, the following empirical patterns are evaluated and discussed. First, expropriation is less likely after 1980 in comparison to the 1960s and early ...

A potentially important barrier to foreign investment in many countries is the risk of expropriation. Recent data suggest that, despite global efforts to strengthen foreign investor dispute settlement through trade and investment treaties, contracts between

Jan 1, 2014 · Globally, foreign direct investment (FDI) assets are expropriated more in resource extraction industries compared to other sectors. Despite the higher apparent risk of expropriation in resources, countries more likely to expropriate also have a …

While expropriation may in principle serve a variety of aims and motives, this paper focusses on the instrumental utilization of expropriation as a means to achieve specific economic targets. In this sense we speak of expropriation policies as (possibly) being economically rational.

Jan 22, 2017 · We present empirical evidence suggesting a relatively clear, statistically robust, and intuitive characterization.

How important is expropriation risk relative to other dimensions of institutional quality in accounting for observed patterns of foreign direct investment (FDI) to developing countries and emerging markets?