Universidade de Lisboa Repositório da Universidade de Lisboa

Repositório da Universidade de Lisboa >
Instituto de Ciências Sociais (ICS) >
ICS - Artigos >

Please use this identifier to cite or link to this item: http://hdl.handle.net/10451/6824

Título: Foreign direct investment and home-country political risk: the case of Brazil
Autor: Aguiar, Sandra
Conraria, Luís Aguiar
Gulamhussen, Mohamed Azzim
Magalhães, Pedro, 1970-
Palavras-chave: Investimento directo estrangeiro
Brasil - política económica
Issue Date: 2012
Editora: Latin American Studies Association (LASA)
Citação: Aguiar, S., Aguiar-Conraria, L., Gulamhussen, M., & Magalhães, P. C. (2012). Foreign direct investment and home-country political risk: the case of Brazil. Latin American Research Review, 47(2), 144-165
Resumo: This article looks into the factors that explain foreign direct investment (FDD 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 FDL 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.
Arbitragem científica: yes
URI: http://hdl.handle.net/10451/6824
Appears in Collections:ICS - Artigos

Files in This Item:

File Description SizeFormat
ICs_PMagalhaes_Foreign_ARI.pdf1,18 MBAdobe PDFView/Open
Restrict Access. You can request a copy!

Please give feedback about this item
FacebookTwitterDeliciousLinkedInDiggGoogle BookmarksMySpace
Formato BibTex MendeleyEndnote Logotipo do DeGóis 

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.


  © Universidade de Lisboa / SIBUL
Alameda da Universidade | Cidade Universitária | 1649-004 Lisboa | Portugal
Tel. +351 217967624 | Fax +351 217933624 | repositorio@reitoria.ul.pt - Feedback - Statistics
Promotores do RCAAP   Financiadores do RCAAP

Fundação para a Ciência e a Tecnologia Universidade do Minho   Governo Português Ministério da Educação e Ciência PO Sociedade do Conhecimento (POSC) Portal oficial da União Europeia