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https://hdl.handle.net/1959.11/3207
Title: | Host country corruption level and Foreign Direct Investments inflows | Contributor(s): | Wijeweera, Albert (author); Dollery, Brian E (author) | Publication Date: | 2009 | DOI: | 10.1504/IJTGM.2009.025387 | Handle Link: | https://hdl.handle.net/1959.11/3207 | Abstract: | This paper investigates the effects of corruption on Foreign Direct Investment (FDI) inflows controlling other relevant determinants using a panel data approach for 45 countries over 1997-2004. Whereas economic theory suggests that corruption should discourage FDI, many notably corrupt countries receive substantial FDI - an anomaly worthy of investigation. In common with other empirical work, we find no statistically significant impact of corruption on FDI. This suggests that policies designed to attract additional foreign FDI should focus on other determinants of investment rather than on the intractable problem of reducing the level of corruption. | Publication Type: | Journal Article | Source of Publication: | International Journal of Trade and Global Markets, 2(2), p. 168-178 | Publisher: | Inderscience Publishers | Place of Publication: | United Kingdom | ISSN: | 1742-755X 1742-7541 |
Fields of Research (FoR) 2008: | 140207 Financial Economics | Socio-Economic Objective (SEO) 2008: | 910206 Market-Based Mechanisms | Peer Reviewed: | Yes | HERDC Category Description: | C1 Refereed Article in a Scholarly Journal |
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Appears in Collections: | Journal Article |
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