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Published in 2017 at "Economic Theory"
DOI: 10.1007/s00199-016-0973-4
Abstract: This paper articulates a positive economic theory of foreign aid and presents a novel analysis of the nexus between institutions, foreign direct investment (FDI), and aid. In the model, aid is motivated by non-altruistic economic…
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Keywords:
positive economic;
aid;
expropriation;
economic theory ... See more keywords
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Published in 2019 at "Management International Review"
DOI: 10.1007/s11575-018-0374-y
Abstract: States burdened with conflict have been considered to be undesirable destinations for foreign direct investment (FDI) due to, inter alia, political instability, regulatory unpredictability, and expropriation risk. However, we develop an alternative view based on corporate governance…
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Keywords:
expropriation;
oil gas;
case;
oil ... See more keywords
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Published in 2020 at "Journal of Institutional Economics"
DOI: 10.1017/s1744137420000028
Abstract: Abstract What characteristics of firms give them the confidence to invest in settings rife with expropriation by local officials? Empirically, firms in the developing world often face the threat of expropriation from local agents of…
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Keywords:
investment;
expropriation;
firm level;
state ... See more keywords
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Published in 2019 at "Survey Review"
DOI: 10.1080/00396265.2017.1405181
Abstract: This study focuses on the Tanjant Road in Trabzon, in which public authorities expropriated a lot of parcels together with buildings then destroyed all of them and then finally finished the road. If Tanjant road…
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Keywords:
road;
study;
area;
tanjant road ... See more keywords
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Published in 2020 at "Global Economic Review"
DOI: 10.1080/1226508x.2020.1792330
Abstract: ABSTRACT This paper presents a three-period dynamic model establishing the expropriation-investment relation for firms with financing constraints. Focusing on Chinese listed companies, we find that firms with less tight financing constraints overinvest before expropriation if…
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Keywords:
expropriation;
chinese listed;
listed companies;
expropriation large ... See more keywords
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Published in 2019 at "Land"
DOI: 10.3390/land8100154
Abstract: The Voluntary Guidelines on the Responsible Governance of Tenure (VGGT) call for governments to clearly define the term ‘public purpose’ to allow for judicial review of the goals of expropriations of property. However, recent research…
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Keywords:
south africa;
india south;
public purpose;
legal boundaries ... See more keywords