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FDI and Democratic Governance, Evidence from a Panel VAR Model
Unformatted Document Text:  Developing Countries: A Cross-Sectional Analysis, 1992-2001. Working paper 2004- 03, Reginald H. Jones CenterLi, Quan and Reuveny Rafael. 2000. Economic Globalization and Democracy: An Empirical Analysis. Paper presented at the International Studies Association annual meeting, Los Angeles, CA, 2000 and the Midwest Political Science Association Annual Meeting, Chicago, 2000.Lipset, Seymour M. 1959. Some Social Requisites of Democracy: Economic Development and Political Legitimacy. The American Political Science Review 53 (1): 69-105. Lipset, S.M. 1994. “The Social Requisites of Democracy Revisited”. American Sociological Review, 59.Love, Inessa and Zicchino, Lea, "Financial Development and Dynamic Investment Behavior: Evidence from Panel Vector Autoregression" (April 13, 2004). World Bank Policy Research Working Paper No. 2913. Available at SSRN: http://ssrn.com/abstract=610319 Martin hans-Peter and Harald Schumann. 1998. The Global Trap: Globalization and the Assault on Prosperity and Democracy”. Zed Books: London.Mansfield, Edward; Snyder, Jack. 1995. Democratization and the Danger of War. International Security, 20, 5-38. Meyer, William (1998). Human Rights and International Political Economic in Third World Nations: Multinational Corporations, Foreign Aid, and Repression, Westport, CT: praeger.OECD 1999. Foreign Direct Investment and the environment: an overview of the literature. O’Donnell, P.Schmitter and L. Whitehead. Transitions from Authoritarian Rule. Baltimore, Md: Johns Hopkins University Press, 1986. p.5Oneal, John R; Russett, Bruce M. 1999. Assessing the Liberal Peace With Alternative Specifications: Trade Still Reduces Conflict. Journal of Peace Research, Vol. 36, No. 4, 423-442Oneal, John R.; Russett, Bruce M. 1997. The Classical Liberals Were Right: Democracy, Interdependence, and Conflict, 1950-1985, International Studies Quarterly 41(2): 267-294Paus, Eva. 1989. Direct Foreign Investment and Economic Development in Latin America: Perspectives for the Future. Journal of Latin American Studies, Vol.21, No.2 (May 1989), 221-239.Platner, Marc (1993) “The Democratic Movement”, in Larry Diamond and Marc Planter eds. The Global Resurgence of Democracy, Baltimore: Johns Hopkins University Press Rappaport, Jordan. 2000. How does openness to capital flows affect growth? Mimeo, Federal Reserve Bank of Kansas City, (June)Priham Geoffrey. 1991. International Influences and Democratic Transition: Problems of Theory and Practice in Linkage of Politics. In Geoffrey Pridham,ed., Encouraging Democracy: The International Context of Regime Transition in Southern Europe (New York: St Martin’s, 1991) pp. 1--28 Przeworski, A. 1991. Democracy and the market: Political and Economic reforms in Eastern Europe and Latin Amercia. Cambridge University Press Raghavan, C. 1998. TNCs Controls Two-thirds of World Economy. 19

Authors: Sun, Feng.
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Developing Countries: A Cross-Sectional Analysis, 1992-2001. Working paper 2004-
03
, Reginald H. Jones Center
Li, Quan and Reuveny Rafael. 2000. Economic Globalization and Democracy: An
Empirical Analysis. Paper presented at the International Studies Association annual
meeting, Los Angeles, CA, 2000 and the Midwest Political Science Association
Annual Meeting, Chicago, 2000.
Lipset, Seymour M. 1959. Some Social Requisites of Democracy: Economic
Development and Political Legitimacy. The American Political Science Review 53 (1):
69-105.
Lipset, S.M. 1994. “The Social Requisites of Democracy Revisited”. American
Sociological Review, 59.
Love, Inessa and Zicchino, Lea, "Financial Development and Dynamic Investment
Behavior: Evidence from Panel Vector Autoregression" (April 13, 2004). World Bank
Policy Research Working Paper No. 2913. Available at SSRN:
Martin hans-Peter and Harald Schumann. 1998. The Global Trap: Globalization and the
Assault on Prosperity and Democracy”. Zed Books: London.
Mansfield, Edward; Snyder, Jack. 1995. Democratization and the Danger of War.
International Security, 20, 5-38.
Meyer, William (1998). Human Rights and International Political Economic in Third
World Nations: Multinational Corporations, Foreign Aid, and Repression, Westport,
CT: praeger.
OECD 1999. Foreign Direct Investment and the environment: an overview of the
literature.
O’Donnell, P.Schmitter and L. Whitehead. Transitions from Authoritarian Rule.
Baltimore, Md: Johns Hopkins University Press, 1986. p.5
Oneal, John R; Russett, Bruce M. 1999. Assessing the Liberal Peace With Alternative
Specifications: Trade Still Reduces Conflict. Journal of Peace Research, Vol. 36, No.
4, 423-442
Oneal, John R.; Russett, Bruce M. 1997. The Classical Liberals Were Right:
Democracy, Interdependence, and Conflict, 1950-1985, International Studies
Quarterly
41(2): 267-294
Paus, Eva. 1989. Direct Foreign Investment and Economic Development in Latin
America: Perspectives for the Future. Journal of Latin American Studies, Vol.21, No.2
(May 1989), 221-239.
Platner, Marc (1993) “The Democratic Movement”, in Larry Diamond and Marc Planter
eds. The Global Resurgence of Democracy, Baltimore: Johns Hopkins University Press
Rappaport, Jordan. 2000. How does openness to capital flows affect growth? Mimeo,
Federal Reserve Bank of Kansas City
, (June)
Priham Geoffrey. 1991. International Influences and Democratic Transition: Problems of
Theory and Practice in Linkage of Politics. In Geoffrey Pridham,ed., Encouraging
Democracy: The International Context of Regime Transition in Southern Europe (New
York: St Martin’s, 1991) pp. 1--28
Przeworski, A. 1991. Democracy and the market: Political and Economic reforms in
Eastern Europe and Latin Amercia. Cambridge University Press
Raghavan, C. 1998. TNCs Controls Two-thirds of World Economy.
19


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