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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 …
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A puzzling piece of empirical evidence suggests that resource-abundant countries tend to grow slower than their resource-poor counterparts. We attempt to explain this phenomenon by developing a lobbying game in which rent seeking firms interact with corrupt governments. The presence or absence...
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corruption to consider problems related to sustainable growth. In many growth models that incorporate the environment, it is … that the government implements appropriate policies might be overly optimistic. Bribes, political donations, and corruption …). Corruption relaxes environmental standards, lowers the long-run growth rate, and might cause economic stagnation. The long …
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