Political risk and equity investment in developing countries

被引：39

作者：

Harms, P ^{[1
]}

机构：

[1] Univ Konstanz, Dept Econ, Fach D138, D-78457 Constance, Germany

来源：

APPLIED ECONOMICS LETTERS | 2002年 / 9卷 / 06期

关键词：

D O I：

10.1080/13504850110084064

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper estimates the effect of a measure of political risk on equity investment flows to developing countries. Using a panel data set that includes a larger number of low-income countries than previous studies, it is found that political risk is an important determinant of the sum of foreign direct investment and portfolio equity investment per capita.

引用

页码：377 / 380

页数：4

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