|Title:||The effects of a country's soft power on FDI flows|
|Subject:||Hong Kong Polytechnic University -- Dissertations|
|Department:||Faculty of Business|
|Pages:||iv, 81 pages : color illustrations|
|Abstract:||In this study, I investigate the association between a nation's soft power and foreign direct investment flows into the country. Drawing on PIPA/Globescan data to construct country-pair-year specific measures of soft power, I test the relationship on a sample which captures investment flows between 36 countries over a 7-year period. I find a strong positive link between a country's soft power and the magnitude of the incoming foreign investment flows and my results are robust to a battery of sensitivity analyses. Overall, my findings are consistent with the interpretation that soft power helps a country attract investment flows from abroad.|
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