Darrat, Mohamad A.; Darrat, Mahmoud A.; Darrat, Aadel A.; … - In: The journal of business and economic studies 28 (2024) 1, pp. 70-87
This paper explores the nature of causality between corruption and FDI inflows in five Latin American countries. Unlike prior empirical studies that use correlation-based standard regressions, we employ dynamic cointegrated error-correction models to uncover the directions of Granger- causality...