Publicação
Foreign direct investment and home-country political risk: the case of Brazil
| Resumo: | This article looks into the factors that explain foreign direct investment (FDI) in Brazil by country of origin. We collected a sample of 180 countries with and without FDI in Brazil. We use multiple estimation techniques and controls to isolate the effect of country political risk on outward foreign direct investment and show that countries with lower levels of political risk undertake more FDI in Brazil, and that features of the policy environment of home countries drive the negative relationship between risk and FDI. Furthermore, we show that the aspect of the political and institutional environment that is most likely to drive this negative relation between risk and investment into Brazil is related to the effectiveness of national governments. Our findings broaden the understanding of the puzzling influence of political risk on FDI observed in previous studies, correct for sampling and selection biases, and have substantive implications for policy design to attract FDI. |
|---|---|
| Autores principais: | Aguiar, Sandra |
| Outros Autores: | Conraria, Luís Aguiar; Gulamhussen, Mohamed Azzim; Magalhães, Pedro C. |
| Ano: | 2012 |
| País: | Portugal |
| Tipo de documento: | artigo |
| Tipo de acesso: | acesso restrito |
| Instituição associada: | Universidade do Minho |
| Idioma: | inglês |
| Origem: | RepositóriUM - Universidade do Minho |
| _version_ | 1867438948615192576 |
|---|---|
| author | Aguiar, Sandra |
| author2 | Conraria, Luís Aguiar Gulamhussen, Mohamed Azzim Magalhães, Pedro C. |
| author2_role | author author author |
| author_facet | Aguiar, Sandra Conraria, Luís Aguiar Gulamhussen, Mohamed Azzim Magalhães, Pedro C. |
| author_role | author |
| contributor_name_str_mv | RepositóriUM - Universidade do Minho |
| country_str | PT |
| creators_json_txt | [{\"Person.name\":\"Aguiar, Sandra\"},{\"Person.name\":\"Conraria, Luís Aguiar\"},{\"Person.name\":\"Gulamhussen, Mohamed Azzim\"},{\"Person.name\":\"Magalhães, Pedro C.\"}] |
| datacite.contributors.contributor.contributorName.fl_str_mv | RepositóriUM - Universidade do Minho |
| datacite.creators.creator.creatorName.fl_str_mv | Aguiar, Sandra Conraria, Luís Aguiar Gulamhussen, Mohamed Azzim Magalhães, Pedro C. |
| datacite.date.Accepted.fl_str_mv | 2012-01-01T00:00:00Z |
| datacite.date.available.fl_str_mv | 2012-12-10T15:08:05Z |
| datacite.date.embargoed.fl_str_mv | 2012-12-10T15:08:05Z |
| datacite.rights.fl_str_mv | http://purl.org/coar/access_right/c_16ec |
| datacite.titles.title.fl_str_mv | Foreign direct investment and home-country political risk: the case of Brazil |
| dc.contributor.none.fl_str_mv | RepositóriUM - Universidade do Minho |
| dc.creator.none.fl_str_mv | Aguiar, Sandra Conraria, Luís Aguiar Gulamhussen, Mohamed Azzim Magalhães, Pedro C. |
| dc.date.Accepted.fl_str_mv | 2012-01-01T00:00:00Z |
| dc.date.available.fl_str_mv | 2012-12-10T15:08:05Z |
| dc.date.embargoed.fl_str_mv | 2012-12-10T15:08:05Z |
| dc.format.none.fl_str_mv | application/pdf |
| dc.identifier.none.fl_str_mv | https://hdl.handle.net/1822/21357 |
| dc.language.none.fl_str_mv | eng |
| dc.publisher.none.fl_str_mv | Latin American Studies Association (LASA) |
| dc.rights.none.fl_str_mv | http://purl.org/coar/access_right/c_16ec |
| dc.title.fl_str_mv | Foreign direct investment and home-country political risk: the case of Brazil |
| dc.type.none.fl_str_mv | http://purl.org/coar/resource_type/c_6501 |
| description | This article looks into the factors that explain foreign direct investment (FDI) in Brazil by country of origin. We collected a sample of 180 countries with and without FDI in Brazil. We use multiple estimation techniques and controls to isolate the effect of country political risk on outward foreign direct investment and show that countries with lower levels of political risk undertake more FDI in Brazil, and that features of the policy environment of home countries drive the negative relationship between risk and FDI. Furthermore, we show that the aspect of the political and institutional environment that is most likely to drive this negative relation between risk and investment into Brazil is related to the effectiveness of national governments. Our findings broaden the understanding of the puzzling influence of political risk on FDI observed in previous studies, correct for sampling and selection biases, and have substantive implications for policy design to attract FDI. |
| dirty | 0 |
| eu_rights_str_mv | restrictedAccess |
| format | article |
| fulltext.url.fl_str_mv | https://repositorium.uminho.pt/bitstreams/c0c5f1c0-5d33-4ad2-844f-08c2c9370e0f/download |
| id | rum_db4f3d80fde9d8bf3afe6fefc6a90aba |
| identifier.url.fl_str_mv | https://hdl.handle.net/1822/21357 |
| instacron_str | repositorium |
| institution | Universidade do Minho |
| instname_str | Universidade do Minho |
| language | eng |
| network_acronym_str | rum |
| network_name_str | RepositóriUM - Universidade do Minho |
| oai_identifier_str | oai:repositorium.uminho.pt:1822/21357 |
| organization_str_mv | urn:organizationAcronym:repositorium |
| person_str_mv | Aguiar, Sandra Conraria, Luís Aguiar Gulamhussen, Mohamed Azzim Magalhães, Pedro C. |
| publishDate | 2012 |
| publisher.none.fl_str_mv | Latin American Studies Association (LASA) |
| reponame_str | RepositóriUM - Universidade do Minho |
| repository_id_str | urn:repositoryAcronym:rum |
| service_str_mv | urn:repositoryAcronym:rum |
| spelling | engLatin American Studies Association (LASA)porThis article looks into the factors that explain foreign direct investment (FDI) in Brazil by country of origin. We collected a sample of 180 countries with and without FDI in Brazil. We use multiple estimation techniques and controls to isolate the effect of country political risk on outward foreign direct investment and show that countries with lower levels of political risk undertake more FDI in Brazil, and that features of the policy environment of home countries drive the negative relationship between risk and FDI. Furthermore, we show that the aspect of the political and institutional environment that is most likely to drive this negative relation between risk and investment into Brazil is related to the effectiveness of national governments. Our findings broaden the understanding of the puzzling influence of political risk on FDI observed in previous studies, correct for sampling and selection biases, and have substantive implications for policy design to attract FDI.application/pdfporForeign direct investment and home-country political risk: the case of BrazilAguiar, SandraConraria, Luís AguiarGulamhussen, Mohamed AzzimMagalhães, Pedro C.HostingInstitutionOrganizationalRepositóriUM - Universidade do Minhoe-mailmailto:repositorium@usdb.uminho.ptrepositorium@usdb.uminho.ptISSNIsPartOf0023-8791DOIIsPartOf10.1353/lar.2012.00132012-12-10T15:08:05Z20122012-01-01T00:00:00ZHandlehttps://hdl.handle.net/1822/21357http://purl.org/coar/access_right/c_16ecrestricted access791582 bytesliteraturehttp://purl.org/coar/resource_type/c_6501journal articlehttp://purl.org/coar/access_right/c_16ecapplication/pdffulltexthttps://repositorium.uminho.pt/bitstreams/c0c5f1c0-5d33-4ad2-844f-08c2c9370e0f/download |
| spellingShingle | Foreign direct investment and home-country political risk: the case of Brazil Aguiar, Sandra |
| status | SINGLETON |
| title | Foreign direct investment and home-country political risk: the case of Brazil |
| title_full | Foreign direct investment and home-country political risk: the case of Brazil |
| title_fullStr | Foreign direct investment and home-country political risk: the case of Brazil |
| title_full_unstemmed | Foreign direct investment and home-country political risk: the case of Brazil |
| title_short | Foreign direct investment and home-country political risk: the case of Brazil |
| title_sort | Foreign direct investment and home-country political risk: the case of Brazil |
| url | https://hdl.handle.net/1822/21357 |
| visible | 1 |