In this paper we analyze the link between corruption money laundering and round-trip investment via offshore … the conclusion that there is a strong link between round-trip investment and corruption money laundering … investors in Russia. We further study the determinants of the fraction of round-trip investment in total foreign investment in …

explicitly into account corruption level in host countries and using a firm-level data set on investment projects in 24 … possibility that some features of FDI host countries, such as bureaucratic corruption, may deter inward FDI, but are positively …

explanations for currency crisis. This paper examines a possible linkage between the two that has not been explored much in the … literature: corruption may affect a country's composition of capital inflows in a way that makes it more likely to experience a …

investment (FDI). We posit that domestic agents have a comparative advantage over foreign agents in overcoming some of the … obstacles associated with corruption and weak institutions. We model these circumstances in a principal-agent framework with … economic corruption as an indicator of the strength of property right enforcement within a given country. We compare corruption …

This paper studies the impact of corruption in a host country on foreign investor's preference for a joint venture … versus a wholly-owned subsidiary. There is a basic trade-off in using local partners. On the one hand, corruption makes local … hand, corruption decreases the effective protection of investor's intangible assets and lowers the probability that …

This paper utilizes a micro-level data set from 49 countries to address three issues: What determines corruption at the … individual level? What determines the perception of the extent of corruption in the country? Does corruption have a direct impact … corruption which portrays the extent of corruption as revealed byindividuals who live in those countries. The results show that …

strong agglomeration economies in Japanese investment. Two policy variables are consistently shown to influence the location … of investment - foreign trade zones and labor subsidies. We use simulations to explore the impact these policies had on … the geographic distribution of Japanese investment. The simulations reveal that in aggregate promotion programs largely …

This paper evaluates evidence of the impact of outbound foreign direct investment (FDI) on domestic investment rates …. OECD countries with high rates of outbound FDI in the 1980s and 1990s exhibited lower domestic investment than other … countries, which suggests that FDI and domestic investment are substitutes. U.S. time series data tell a very different story …

Foreign direct investment offers a rich laboratory in which to study the broader economic effects of securities market …