Who really wins from foreign direct investment (FDI) and by how much? Should winners care about corruption? Building on … evidence of heterogeneity in the FDI-growth relationship, we propose a semiparametric model that allows corruption to influence … of instrumental variables. We find evidence that corruption has a sizeable nonlinear role in the FDI-growth relation …

Using panel data from the International Country Risk Guide corruption index, institutional quality and political … empirical relationship between corruption and economic growth. Empirical literature has shown a linear relationship between … corruption and economic growth but hasn’t dif ferentiated between growthenhancing and growth-reducing levels of corruption. An …

enterprise sector. We found that Government effectiveness and Control of corruption in particular are very important in …