Does the party in power affect FDI? First causal evidence from narrow margin US state elections

نویسندگان

چکیده

Does the party of government influence amount and type inward foreign investment? Correlational studies provide inconsistent evidence. Moreover no existing study, for any level or jurisdiction, uses methods that allow causal inference. We apply regression discontinuity to a set narrow margin US gubernatorial elections. Over course 4-year term election Republican governor causes 17% boost in growth manufacturing-oriented FDI stock, compared Democrat. However, same approach provides evidence partisanship matters overall FDI.

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ژورنال

عنوان ژورنال: Party Politics

سال: 2021

ISSN: ['1354-0688', '1460-3683']

DOI: https://doi.org/10.1177/13540688211030108