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The authors employ panel Vector Error Correction Models (VECM) and cointegration framework to identify the existence and direction of the causal association between foreign direct investment (FDI) in financial services and financial development for 26 emerging economies for the period 2003-2015....
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The present research aimed to investigate the long-run and short-run effects of different sources of financial development on FDI inflow for middle-income economies during the period of study, 1980 to 2020. An annual frequency of data was obtained for the required set of variables from WDI and...
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How does multinational corporation (MNC) activity affect corruption in developing countries? The existing literature … tends to suggest that economic integration helps reduce corruption, as it increases market competition and efficiency and …, thereby leading to a high level of corruption. To test this argument, I conduct a case study on China and draw from original …
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investment (FDI) and economic growth amidst financial sector development (FSD) and corruption covering a sample period of 2002 to … beyond). Also, control of corruption significantly interacts negatively with FDI and GDP per capita irrespective of the GDP … hand, the interacting effect of control of corruption is inimical to FDI-growth nexus at all growth levels. It is pertinent …
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