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Most empirical research examines how the institutional environment of corruption shapes the behavior of MNCs. In this … environment of corruption over time. We propose three avenues through which the MNC may have an impact on its host institutions … FDI and corruption for a large sample of countries over the last 30 years, the empirical results are consistent with our …
Persistent link: https://www.econbiz.de/10014223876
This study adds to largely non-existent literature on corruption and foreign direct investment (FDI) in natural … 2020. We find that higher levels of corruption are associated with lower levels of FDI in natural resources, supporting the … likely to use the prevalence of corruption to disregard laws to attract greater FDI in natural resources to compensate for …
Persistent link: https://www.econbiz.de/10014235747
corruption, unstable economic policies, weak and poorly enforced property rights, and inefficient government institutions. Our …
Persistent link: https://www.econbiz.de/10010211076
We study the effects of “corruption distance,” defined as the difference in corruption levels between country pairs, on … 45 countries from 1997 to 2007, we find that corruption distance adversely affects the volume of FDI to be invested in a … host country. However, we do not find statistical evidence that corruption distance influences FDI's decision on whether to …
Persistent link: https://www.econbiz.de/10013066020
We analyse the effect of corruption on FDI. Using FDI outflows from a sample of East European transition economies that … the inertia of past investments. Our model separates the effects of corruption on FDI location decisions and on the amount … invested. We find a linear and negative relationship between host country corruption and the likelihood of MNCs locating in …
Persistent link: https://www.econbiz.de/10014344961
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
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
We find that new states are perceived to be more corrupt even though businesses do not report more bribery in newer states. This is suggestive of an unearned, and likely high, reputational cost to being a new state. These findings hold over a number of specifications that include additional...
Persistent link: https://www.econbiz.de/10011736789
Persistent link: https://www.econbiz.de/10012604803
Foreign direct investment (FDI) in services has grown significantly in recent years. Evidence of spatial relationships in FDI decisions have been provided for goods manufacturing by utilizing physical distance-based measures of trade costs. This paper investigates spatial interactions for...
Persistent link: https://www.econbiz.de/10009307953