1.Introductory information

-Title of the dataset
  Data about the Effects of Human Rights on FDI: The Role of Audience Cost

-Description of dataset
  This is a data set that analyzes the impact of human rights on FDI inflows between countries. The study period is from 2002 to 2012. 
  The dependent variable is the FDI inflow that non-OECD countries receive from the OECD. 
  Audience cost was measured through differences in human rights index (PTS) between countries and used as an independent variable.


2.Methodological information

Data source: UNDTAD, WTO, CEPII, World Bank, Worldwide Governance Indicators, Worldwide Governance Indicators, Economist Intelligence Unit.

We created a variable to measure the audience cost by subtracting the human rights index between the investee country and the investee country.The variable name is "PTSgap".

For our study, we adjusted the samples through two methods.
1. Countries that joined the OECD during the research period are excluded from the investment countries (Drop_taget (OECD))
2. Countries with too small economies are excluded from the investment target countries (Drop_taget (Small country))


3.Data specific information

D_FDI inflow:Positive FDI inflow=1 otherwise=0

Ln_FDI/GDP:Log {(non-OECD FDI inflow from OECD/non-OECD GDP*100)+1}

RTA:RTA(regional trade agreement) signed between the host and investor   countries=1, otherwise=0
	
Ln_Distance:Log (Distance from OECD to non-OECD) 	

Ln_OECD_Growth:Log (Annual OECD GDP growth rate)	

Ln_OECD_Openness:	Log (Trade is measured as a share of gross domestic product)	

Ln_OECD_GDP:Log (GDP of OECD country) 	

Ln_non-OECD_Growth:Log (Annual Non-OECD GDP growth rate)	

Ln_non-OECD_Openness:Log (Trade is measured as a share of gross domestic product)	

Non-OECD_Inflation:Log (Annual non-OECD inflation rate)	

Ln_non-OECD_GDP:Log (GDP of the non-OECD country)	

Non-OECD_Politicalrisk:Political risk of non-OECD	

Non-OECD_PTS:PTS(Political Terror Scale) of non-OECD country	

PTSgap:PTS(Political Terror Scale) Gap between non-OECD and OECD 	

D_Democracy:Democracy Index of OECD Country (full Democracy) =1, otherwise=0	

D_Democracy *PTSgap	　	
