This study investigates the interaction between corruption and foreign direct investment inflows in 23 emerging market economies during the period 2002-2014 by employing Westerlund-Durbin-Hausman (2008) cointegration test. We found that control of corruption and rule of law had no statistically...

Saving rate is one of the important elements of all the theories of economic growth and foreign direct investment inflows also became an important determinant of economic growth together with the globalization process as of 1990s. Therefore many studies have been conducted on the relationship...