Foreign Direct Investment and Structural Reforms : Evidence from Eastern Europe and Latin America /

This paper investigates the role of structural reforms -financial reforms, trade liberalization, and privatization- as determinants of FDI inflows based on newly constructed dataset on structural reforms for 19 Latin American and 25 Eastern European countries between 1989 and 2004. Our main finding...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Kinoshita, Yuko
Kolejni autorzy: Campos, Nauro
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2008.
Seria:IMF Working Papers; Working Paper ; No. 2008/026
Dostęp online:Full text available on IMF
Opis
Streszczenie:This paper investigates the role of structural reforms -financial reforms, trade liberalization, and privatization- as determinants of FDI inflows based on newly constructed dataset on structural reforms for 19 Latin American and 25 Eastern European countries between 1989 and 2004. Our main finding is a strong empirical relationship from reforms to FDI, in particular, from financial liberalization and privatization. These results are robust to different measures of reforms, split samples, and potential endogeneity and omitted variables biases.
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Opis fizyczny:1 online resource (38 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Ograniczenie dostępu:Electronic access restricted to authorized BRAC University faculty, staff and students