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economies. We focus on the corruption distance between the home and host countries as a crucial part of institutional quality …. Our results confirm that FDI flows are higher when they come from countries with low differences in corruption with Turkey …. Conversely, FDI flows are negatively affected when there exists a large difference in corruption between the investing country …
Persistent link: https://www.econbiz.de/10011299247
resource-rich countries, the decision of host governments to expropriate these investments, and the level of corruption. Higher … production. Moreover, resource production leads to high levels of corruption. Our theoretical results are confirmed by … estimations of a simultaneous equation model for 50 resource-rich countries in which we endogenize expropriation risk, corruption …
Persistent link: https://www.econbiz.de/10010370904
resultant prosperity. We also emphasize that enforcing regulations is a complex task given corruption, informal markets, and the …
Persistent link: https://www.econbiz.de/10011904484
This paper empirically examines the impact of corruption on FDI in European Union countries, including candidate …, we find that corruption has a negative impact on FDI. -- FDI ; Corruption ; Efficient Grease Hypothesis ; OLS …
Persistent link: https://www.econbiz.de/10003834233
corruption. Adverse interactions between politics, business and law enforcement generate obstacles for the rule of law and remain …
Persistent link: https://www.econbiz.de/10011392847
This paper analyzes the causes of corruption in contemporary Bolivia. It argues that, along with the well …-documented observation that richer countries tend, on average, to be less corrupt than poorer ones, corruption is directly dependent on FDI … inflows, with higher levels of FDI associated with lower levels of corruption and vice versa. Additionally, the findings …
Persistent link: https://www.econbiz.de/10010385237
after controlling for other determinants of FDI location?Our results show that the corruption level in the host country has … an adverse effect on FDI inflows: a one-point increase in the corruption level leads to a reduction in per capita FDI … institutions, the negative effects of corruption disappear and sometimes it becomes positive but statistically insignificant …
Persistent link: https://www.econbiz.de/10013082041
foreign direct investment (FDI) and corruption. The prevailing literature has produced confused and contradictory results on … this vital relationship due to errors in their measurement of corruption which are correlated with FDI inflows. When a less … biased operationalization is employed, we find clear evidence of corruption during both registration and procurement …
Persistent link: https://www.econbiz.de/10013075338
We reconsider the question of what determines corruption at the cross-national level, using new data and methods … corruption, as are freedom of the press, political rights, the presence of established democratic institutions, the salience of … the relational factors that we consider affect corruption, beyond the effects that they often have on bilateral trade …
Persistent link: https://www.econbiz.de/10012902921
The article studies dependence between the level of corruption and volume of direct foreign investment in a set of … countries. The initial hypothesis was that the general perception that countries with high corruption level can't enjoy the … Conference on Trade and Development (UNCTAD), while Corruption Perception Index and Bribe Payers Index Calculated by Transparency …
Persistent link: https://www.econbiz.de/10012865562