{"created":"2023-07-27T12:34:07.200139+00:00","id":37891,"links":{},"metadata":{"_buckets":{"deposit":"398bfd54-1f8e-4c30-9958-19864f91e196"},"_deposit":{"created_by":19,"id":"37891","owners":[19],"pid":{"revision_id":0,"type":"depid","value":"37891"},"status":"published"},"_oai":{"id":"oai:ir.ide.go.jp:00037891","sets":["3552:4093:4100"]},"author_link":["44767","44765","44766"],"item_14_biblio_info_6":{"attribute_name":"収録情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2011-02","bibliographicIssueDateType":"Issued"},"bibliographicVolumeNumber":"281","bibliographic_titles":[{"bibliographic_title":"IDE Discussion Paper"},{"bibliographic_title":"IDE Discussion Paper","bibliographic_titleLang":"en"}]}]},"item_14_description_21":{"attribute_name":"フォーマット","attribute_value_mlt":[{"subitem_description":"application/pdf","subitem_description_type":"Other"}]},"item_14_description_23":{"attribute_name":"DIG_NO","attribute_value_mlt":[{"subitem_description":"IDP000281_001","subitem_description_type":"Other"}]},"item_14_description_3":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"In this paper, we aim to identify the political and financial risk components that matter most\nfor the activities of multinational corporations. Our paper is the first paper to\ncomprehensively examine the impact of various components of not only political risk but also\nfinancial risk on inward FDI, from both long-run and short-run perspectives. Using a sample\nof 93 countries (including 60 developing countries) for the period 1985-2007, we find that\namong the political risk components, government stability, socioeconomic conditions,\ninvestment profile, internal conflict, external conflict, corruption, religious tensions,\ndemocratic accountability, and ethnic tensions have a close association with FDI flows. In\nparticular, socioeconomic conditions, investment profile, and external conflict appear to be\nthe most influential components of political risk in attracting foreign investment. Among the\nfinancial risk components, only exchange rate stability yields statistically significant positive\ncoefficients when estimated only for developing countries. In contrast, current account as a\npercentage of exports of goods and services, foreign debt as a percentage of GDP, net\ninternational liquidity as the number of months of import cover, and current account as a\npercentage of GDP yield negative coefficients in some specifications. Thus, multinationals do\nnot seem to consider seriously the financial risk of the host country.","subitem_description_type":"Abstract"}]},"item_14_geolocation_18":{"attribute_name":"地域/国名","attribute_value_mlt":[{"subitem_geolocation_place":[{"subitem_geolocation_place_text":"発展途上国"}]},{"subitem_geolocation_place":[{"subitem_geolocation_place_text":"先進国"}]},{"subitem_geolocation_place":[{"subitem_geolocation_place_text":"世界、その他"}]}]},"item_14_identifier_registration":{"attribute_name":"ID登録","attribute_value_mlt":[{"subitem_identifier_reg_text":"10.20561/00037886","subitem_identifier_reg_type":"JaLC"}]},"item_14_publisher_7":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"Institute of Developing Economies　(IDE-JETRO)　"}]},"item_14_rights_5":{"attribute_name":"権利","attribute_value_mlt":[{"subitem_rights":"Copyrights 日本貿易振興機構（ジェトロ）アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp"}]},"item_14_subject_16":{"attribute_name":"日本十進分類法","attribute_value_mlt":[{"subitem_subject":"338.92","subitem_subject_scheme":"NDC"}]},"item_14_subject_17":{"attribute_name":"JEL分類","attribute_value_mlt":[{"subitem_subject":"JEL:F21 - International Investment;","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:F23 - Multinational Firms; International Business","subitem_subject_scheme":"Other"},{"subitem_subject":"JEL:D22 - Firm Behavior: Empirical Analysis","subitem_subject_scheme":"Other"}]},"item_14_subject_19":{"attribute_name":"主題(図書館用)","attribute_value_mlt":[{"subitem_subject":"Developing countries","subitem_subject_scheme":"Other"},{"subitem_subject":"Developed countries","subitem_subject_scheme":"Other"},{"subitem_subject":"Foreign investments","subitem_subject_scheme":"Other"},{"subitem_subject":"FDI","subitem_subject_scheme":"Other"},{"subitem_subject":"International business enterprises","subitem_subject_scheme":"Other"},{"subitem_subject":"Industrial management","subitem_subject_scheme":"Other"},{"subitem_subject":"Country risk","subitem_subject_scheme":"Other"},{"subitem_subject":"Political risk","subitem_subject_scheme":"Other"},{"subitem_subject":"Financial risk","subitem_subject_scheme":"Other"},{"subitem_subject":"Institution","subitem_subject_scheme":"Other"},{"subitem_subject":"MNEs","subitem_subject_scheme":"Other"}]},"item_14_text_32":{"attribute_name":"著者別名","attribute_value_mlt":[{"subitem_text_value":"早川, 和伸"},{"subitem_text_value":"木村, 福成"}]},"item_14_version_type_15":{"attribute_name":"著者版フラグ","attribute_value_mlt":[{"subitem_version_resource":"http://purl.org/coar/version/c_970fb48d4fbd8a85","subitem_version_type":"VoR"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"Hayakawa, Kazunobu"}],"nameIdentifiers":[{"nameIdentifier":"44765","nameIdentifierScheme":"WEKO"}]},{"creatorNames":[{"creatorName":"Kimura, Fukunari"}],"nameIdentifiers":[{"nameIdentifier":"44766","nameIdentifierScheme":"WEKO"}]},{"creatorNames":[{"creatorName":"Lee, Hyun-Hoon"}],"nameIdentifiers":[{"nameIdentifier":"44767","nameIdentifierScheme":"WEKO"}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_date","date":[{"dateType":"Available","dateValue":"2017-04-10"}],"displaytype":"detail","filename":"IDP000281_001.pdf","filesize":[{"value":"431.7 kB"}],"format":"application/pdf","licensetype":"license_note","mimetype":"application/pdf","url":{"label":"本文","url":"https://ir.ide.go.jp/record/37891/files/IDP000281_001.pdf"},"version_id":"ebd82813-e8cb-49d1-b7b5-666526f9d9d9"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"eng"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"technical report","resourceuri":"http://purl.org/coar/resource_type/c_18gh"}]},"item_title":"How does country risk matter for foreign direct investment?","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"How does country risk matter for foreign direct investment?"}]},"item_type_id":"14","owner":"19","path":["4100"],"pubdate":{"attribute_name":"公開日","attribute_value":"2011-03-02"},"publish_date":"2011-03-02","publish_status":"0","recid":"37891","relation_version_is_last":true,"title":["How does country risk matter for foreign direct investment?"],"weko_creator_id":"19","weko_shared_id":-1},"updated":"2023-07-27T15:47:03.340328+00:00"}