Kolstad, Ivar; Villanger, Espen - In: European Journal of Political Economy 24 (2008) 2, pp. 518-533
This study uses industry level foreign direct investment (FDI) data from 57 countries 1989-2000, to examine the host country determinants of FDI flows in services as a whole, and in the major service industries. Institutional quality and democracy appear more important for FDI in services than...