Complementarity in Institutional Quality in Bilateral FDI Flows
This paper develops a theory on the complementarity in institutional qualities between the home and host countries in bilateral FDI. Firms ‘born’ in countries with poorer institutions tend to invest more in informal institutions to mitigate political risk. The marginal advantage of higher informal i...
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Main Author: | CHANG, Pao Li |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2014
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Online Access: | https://ink.library.smu.edu.sg/soe_research/1604 https://ink.library.smu.edu.sg/context/soe_research/article/2603/viewcontent/20_2014.pdf |
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Institution: | Singapore Management University |
Language: | English |
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