Political Risk Insurance
A New Firm-level Data Set
Datos Bibliográficos
| ID | 6283531 |
|---|---|
| Autores | Vincent Arel-Bundock (0000-0003-2042-7063, Université de Montréal, autor de correspondencia), Clint Peinhardt (0000-0003-1322-6749, Economic, Political and Policy Sciences, University of Texas at Dallas, TX, USA), Amy Pond (0000-0002-6908-2791, Texas A&M University) |
| Año | 2020 |
| Volumen | 64 |
| Número | 5 |
| Páginas | 987-1006 |
| Fecha de publicación | 2020-05-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | Journal of Conflict Resolution (JOURNAL) |
| Identificadores de la revista | ISSN: 0022-0027 • E-ISSN: 1552-8766 |
| Editorial | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0022002719875754 |
| OpenAlex | W2973101320 |
| Idioma | EN |
| Citas recibidas | 12 |
| Referencias citadas | 59 |
When do governments impose costs on foreign firms? Many studies of foreign direct investment focus on incentives for government expropriation, but scholars are often forced to rely on indirect measures of expropriation to conduct empirical analyses. This article introduces a data set which includes information on over 5,000 political risk insurance contracts issued by the US Overseas Private Investment Corporation since 1961, and on all the claims filed by investors under these contracts. These detailed insurance data allow us to study the determinants of foreign investors’ losses from a variety of sources, including expropriation, inconvertibility, and violent conflict. To illustrate the benefits of these data for hypothesis testing, we adopt a comprehensive empirical approach and explore both shared and distinct causes across risk categories
Actuarial science · Business · Corporation · Damages · Economics · Empirical research · Expropriation · Foreign direct investment · Government (linguistics · Incentive · Macroeconomics · Market economy · Microeconomics · Political risk · Political science · Politics · Public economics · Variety (cybernetics · Finance · International Arbitration and Investment Law · International Development and Aid · Law · State Capitalism and Financial Governance
Who Shakes More
Visible Fists
Democracy and Breach of Contract Risk
Autocratic regime survival, regime instability, and foreign asset expropriation
Populism, Party Ideology, and Economic Expropriations
Intrastate Conflict, War Finance, and the Expropriation of Foreign Firms
Covert Confiscation
Addressing Risk by Doing Good
Making and maintaining corporate empires
Global Value Chains as a Constraint on Sovereignty
Foreign direct investment and democratic survival
Political Risk and International Investment Law
The Oil Curse
Reliability and Validity Assessment
This Time Is Different
The institutional environment for multinational investment
New Tools in Comparative Political Economy
The Retreat of the State
Standing Guard
A Global Measure of Judicial Independence, 1948–2012
The effects of political and legal constraints on expropriation in natural resource and manufacturing sectors
The Political Determinants of Foreign Direct Investment
Domestic Institutions, Capacity Limitations, and Compliance Costs
States Sued
Bondholders vs. Direct Investors? Competing Responses to Expropriation
Foreign Financing and the International Sources of Property Rights
The Political Economy of the Resource Curse
Political Risk, Democratic Institutions, and Foreign Direct Investment
A Violent Future? Political Risk Insurance Markets and Violence Forecasts
Even Constrained Governments Take
Investor–State Disputes
Why Should I Believe You? The Costs and Consequences of Bilateral Investment Treaties
Assessing the Causes of Capital Account Liberalization
Why Do Democracies Attract More or Less Foreign Direct Investment? A Metaregression Analysis
What We Talk About When We Talk About Foreign Direct Investment
Expropriation as an Attempt to Control Foreign Firms in LDCs
Domestic Institutions and the Taxing of Multinational Corporations1
What Explains the Low Success Rate of Investor-State Disputes
Global Markets and National Politics
Contingent Credibility
Finding the “Democratic Advantage” in Sovereign Bond Ratings
Democratic Governance and Multinational Corporations
International investment and colonial control
Reversal of Fortunes
Competing for Capital
The Domestic Political Conditions for International Economic Expansion
Democracy, Autocracy, and Expropriation of Foreign Direct Investment
If You’re Against Them You’re With Us
Political Risk, Reputation, and the Resource Curse
Financial Liberalization
Interests, Institutions, and the Reliability of International Commitments
Autocratic Legislatures and Expropriation Risk
What's the Risk? Bilateral Investment Treaties, Political Risk and Fixed Capital Accumulation
A New Measure of Financial Openness
Armed conflict, 1946-2010
Measuring change in source of leader support
Under One Roof
The Correlates of Change in International Financial Regulation
Dictatorship, Democracy, and Development
| Obras citantes distintas | 12 |
|---|---|
| Citas por año | 3 |
| Intervalo de citas | 2022 - 2026 (5) |
| Velocidad de citación | current |
| Altamente citado | No |
| Tipos de cita | Neutras: 12 |