Does corruption inhibit foreign direct investment?
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Redalyc
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| Natura: | Artículo científico |
| Lingua: | en |
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Universidad de Chile
2013
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| _version_ | 1876439275971543040 |
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| author | Conceição Castro |
| author_facet | Conceição Castro |
| contents | Does corruption inhibit foreign direct investment? Conceição Castro Pedro Nunes Política Corruption economic growth Foreign Direct Investment Globalization creates new opportunities for firms to invest abroad and many economies are making active efforts to attract Foreign Direct Investment (FDI) in order to promote economic growth. Decisions to invest abroad depend on a complex set of factors, but the least corrupt countries may attract more foreign direct investment because they provide a more favorable climate for investors. In this paper we investigate the impact of corruption on FDI inflows in 73 countries, over the period 1998-2008. Our results suggest that countries where corruption is lower, the FDI inflows are greater, and so controlling corruption may be an important strategy for increase FDI inflows. 2013 artículo científico 0716-1077 https://www.redalyc.org/articulo.oa?id=64528862003 en http://www.redalyc.org/revista.oa?id=645 Política application/pdf Universidad de Chile Política (Chile) Num.1 Vol.51 |
| format | Artículo científico |
| id | redalyc_64528862003 |
| institution | Redalyc |
| language | en |
| publishDate | 2013 |
| publisher | Universidad de Chile |
| spellingShingle | Does corruption inhibit foreign direct investment? Conceição Castro Política Corruption economic growth Foreign Direct Investment Does corruption inhibit foreign direct investment? Conceição Castro Pedro Nunes Política Corruption economic growth Foreign Direct Investment Globalization creates new opportunities for firms to invest abroad and many economies are making active efforts to attract Foreign Direct Investment (FDI) in order to promote economic growth. Decisions to invest abroad depend on a complex set of factors, but the least corrupt countries may attract more foreign direct investment because they provide a more favorable climate for investors. In this paper we investigate the impact of corruption on FDI inflows in 73 countries, over the period 1998-2008. Our results suggest that countries where corruption is lower, the FDI inflows are greater, and so controlling corruption may be an important strategy for increase FDI inflows. 2013 artículo científico 0716-1077 https://www.redalyc.org/articulo.oa?id=64528862003 en http://www.redalyc.org/revista.oa?id=645 Política application/pdf Universidad de Chile Política (Chile) Num.1 Vol.51 |
| title | Does corruption inhibit foreign direct investment? |
| topic | Política Corruption economic growth Foreign Direct Investment |
| url | https://www.redalyc.org/articulo.oa?id=64528862003 |