Mistrust, FDI, and Trade (No Relationship!?)
Below are two plots of the level of mistrust in a country (the portion choosing either "don't trust very much" or "don't trust at all" when asked about people of other nationalities, WVS Wave 6 data) against (1) foreign direct investment as a percentage of GDP, and (2) openness (exports + imports) as a percentage of GDP (both from WB, WDI).
The two fail to exhibit any significant relationship. (The outlier countries with moderate levels of mistrust and very high levels of FDI/GDP and (X+M)/GDP are the Netherlands and Singapore. Removing them makes the relationship even less significant).
The two fail to exhibit any significant relationship. (The outlier countries with moderate levels of mistrust and very high levels of FDI/GDP and (X+M)/GDP are the Netherlands and Singapore. Removing them makes the relationship even less significant).
0 Comments:
Post a Comment
<< Home