Publication:
Dodging Bullets: The Heterogeneous Effect of Political Violence on Greenfield FDI

dc.contributor.authorWitte, Caroline T.
dc.contributor.authorBurger, Martijn J.
dc.contributor.authorIanchovichina, Elena I.
dc.contributor.authorPennings, Enrico
dc.date.accessioned2017-01-05T22:05:08Z
dc.date.available2017-01-05T22:05:08Z
dc.date.issued2016-12
dc.description.abstractThe relationship between political violence and greenfield foreign direct investment is contingent on the type of violence, characteristics of the investment-receiving sector, and extent to which the investing firm is geographically diversified. This paper presents an analysis with a dynamic fixed effects model for a panel of 90 developing countries from 2003 to 2012. The analysis shows that nationwide political conflict is negatively associated with total and non-resource-related greenfield foreign direct investment, but not with resource-related greenfield foreign direct investment. The insensitivity to political conflict of multinational firms in the resource sector is associated with the high profitability of natural resource extraction and the companies' geographic constraints on location choice during the period of estimation. In the non-resource sector, the less geographically diversified firms are most sensitive to the risk of conflict.en
dc.identifierhttp://documents.worldbank.org/curated/en/192481481638146614/Dodging-bullets-the-heterogeneous-effect-of-political-violence-on-greenfield-FDI
dc.identifier.doi10.1596/1813-9450-7914
dc.identifier.urihttps://hdl.handle.net/10986/25813
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7914
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectdirect foreign investment
dc.subjectforeign direct investment
dc.subjectDFI
dc.subjectFDI
dc.subjectpolitical violence
dc.subjectpolitical conflict
dc.subjecteconomic geography
dc.subjectmultilnational firms
dc.subjectresource extraction
dc.subjectrisk
dc.titleDodging Bulletsen
dc.title.subtitleThe Heterogeneous Effect of Political Violence on Greenfield FDIen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleDodging Bullets: The Heterogeneous Effect of Political Violence on Greenfield FDI
okr.date.disclosure2016-12-13
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/192481481638146614/Dodging-bullets-the-heterogeneous-effect-of-political-violence-on-greenfield-FDI
okr.guid192481481638146614
okr.identifier.doi10.1596/1813-9450-7914
okr.identifier.externaldocumentum090224b0847aef92_1_0
okr.identifier.internaldocumentum27018184
okr.identifier.reportWPS7914
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/192481481638146614/pdf/WPS7914.pdfen
okr.statistics.combined1828
okr.statistics.dr192481481638146614
okr.statistics.drstats1447
okr.topicFinance and Financial Sector Development::Capital Markets and Capital Flows
okr.topicInternational Economics and Trade::Foreign Direct Investment
okr.topicSocial Development::Social Conflict and Violence
okr.topicConflict and Development::Conflict and Fragile States
okr.unitOffice of the Chief Economist, Middle East and North Africa Region
relation.isAuthorOfPublication814995f9-044c-566a-9355-890a6ac260ae
relation.isAuthorOfPublication.latestForDiscovery814995f9-044c-566a-9355-890a6ac260ae
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Loading...
Thumbnail Image
Name:
WPS7914.pdf
Size:
1006.49 KB
Format:
Adobe Portable Document Format
No Thumbnail Available
Name:
WPS7914.txt
Size:
153.96 KB
Format:
Plain Text
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description: