Now showing items 1-2 of 2
Do Institutions Matter for Foreign Direct Investment?
(University of Glasgow, 2008)
In this paper the role of institutions in determining foreign direct investment (FDI) is investigated using a large panel of 107 countries during 1981 and 2005. We find that institutions are a robust predictor of FDI and ...
Do institutions matter for economic fluctuations? Weak property rights in a business cycle model for Mexico
(University of GlasgowAthens University, 2008)
This paper shows that introducing weak property rights in the standard real business cycle (RBC) model can help to explain economic fluctuations. This is motivated by the empirical observation that changes in institutions ...