Institutions and FDI:evidence from developed and developing countries

作     者：Samina Sabir Anum Rafique Kamran Abbas 

作者机构：Kashmir Institute of EconomicsUniversity of Azad Jammu&KashmirMuzaffarabadAzad KashmirPakistan Department of StatisticsUniversity of Azad Jammu&KashmirMuzaffarabadPakistan 

出 版 物：《Financial Innovation》 (金融创新（英文）)

年 卷 期：2019年第5卷第1期

页      面：122-141页

核心收录：

学科分类：12[管理学] 0202[经济学-应用经济学] 02[经济学] 1202[管理学-工商管理] 1201[管理学-管理科学与工程(可授管理学、工学学位)] 020204[经济学-金融学（含∶保险学）] 

主　　题：Institutional quality FDI Economic development Panel data 

摘      要：This study investigates the impact of institutional quality on Foreign Direct Investment(FDI)inflows using panel data for low,lower-middle,upper-middle and high-income countries for the sample period of 1996-2016 using the system Generalized Method of Moments(GMM).The empirical results confirm that institutional quality has a positive impact on FDI in all group of *** magnitude of the coefficients of control of corruption,government effectiveness,political stability,regulatory quality,rule of law,and voice and accountability for FDI inflows are greater in developed countries than in developing *** conclude that institutional quality is a more important determinant of FDI in developed countries than in developed ***,GDP per capita,agriculture value-added as a percentage of GDP,and inflation influence FDI inflows negatively in developed countries,while GDP per capita,trade openness,agriculture value-added as a percentage of GDP,and infrastructure have positive and statistically significant impacts on FDI inflows in developing *** openness as a percentage of GDP and infrastructure positively affect FDI in developed *** our analysis,we infer that institutional quality is a more important determinant of FDI in developed countries than in developing countries.