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

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 …

have smaller welfare-state programs and less corruption. Other results present puzzles for future research: the adjustment …

literature: corruption may affect a country's composition of capital inflows in a way that makes it more likely to experience a …

Is corruption systematically related to electoral rules? A number of studies have tried to uncover economic and social … determinants of corruption but, as far as we know, nobody has yet empirically investigated how electoral systems ináuence … corruption. We try to address this lacuna in the literature, by relating corruption to dierent features of the electoral system …

This paper offers a new interpretation of the connection between openness and good governance. Assuming that corruption … display lower corruption in equilibrium. In data, naturally more open economies' do exhibit less corruption even after taking …

Corruption and imperfect contract enforcement dramatically reduce trade. This paper estimates the reduction, using a …

nor Japanese investors treat corruption in East Asia any differently from that in other parts of the world. There are …This paper studies the effect of corruption on foreign direct investment. The sample covers bilateral investment from … the tax rate on multinational firms or the corruption level in a host country reduces inward foreign direct investment …

This paper presents two propositions about corruption. First, the structure of government institutions and the … political process are a very important determinant of the level of corruption. In particular, weak governments which do not … control their agencies would lead to ultra-high corruption levels. Second, the illegality of corruption and the need for …