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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
of corruption. According to received wisdom, the link between globalization and corruption depends on the presence of … actors. Yet, the positive association between inward investment and corruption is mitigated in more developed economies … lowers opportunities for corrupt behavior. We test this nonlinear relationship between FDI and corruption in an instrumental …
Persistent link: https://www.econbiz.de/10014211533
We suggest a novel perspective on the relationship between the stringency of environmental policies and foreign direct investment (FDI). We develop a political economy model with imperfect product market competition where local and foreign firms jointly lobby the local government for a favorable...
Persistent link: https://www.econbiz.de/10014027735
With complementary Chinese data sets and alternative corruption measures, we explore the consequences of corruption …. Adopting a novel approach we provide evidence that corruption can have both, positive and negative effects, on economic … development. The overall impact of corruption might be the balance of the two simultaneous effects within a specific institutional …
Persistent link: https://www.econbiz.de/10008729042
With complementary Chinese data sets and alternative corruption measures, we explore the consequences of corruption …. Adopting a novel approach we provide evidence that corruption can have both, positive and negative effects, on economic … development. The overall impact of corruption might be the balance of the two simultaneous effects within a specific institutional …
Persistent link: https://www.econbiz.de/10013141965
. The country we examine is Italy, which exhibits one of the highest levels of variation with regard to the political …, political culture can have a determining influence. In the case of Italy, a Center-right orientation is conducive to MNC FDI …
Persistent link: https://www.econbiz.de/10014034465
Persistent link: https://www.econbiz.de/10003743860
, corruption of public officers, inefficiency of the labour judicial system). Provinces with better access to neighbouring … subjects, fewer corruption episodes and lower presence of organized crime should also be associated with higher flows of FDIs … projects, implying the investment of higher volumes of money. Similarly, higher levels of corruption are associated with larger …
Persistent link: https://www.econbiz.de/10011514693
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