Evidence on corruption as an incentive for foreign direct investment [An article from: European Journal of Political Economy] Buy on Amazon

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Evidence on corruption as an incentive for foreign direct investment [An article from: European Journal of Political Economy]

PublisherElsevier
8.95 USD
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Book Details

PublisherElsevier
ISBN / ASINB000RR4ZN4
ISBN-13978B000RR4ZN0
AvailabilityAvailable for download now
Sales Rank10,941,342
MarketplaceUnited States  🇺🇸

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This digital document is a journal article from European Journal of Political Economy, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

Description:
This paper assesses the relationship between corruption and inward foreign direct investment (FDI). Previous research has presumed that corruption directly enters the cost function of multinationals, suggesting a negative relationship between corruption and FDI. For a sample of 73 developed and less developed countries and the time period 1995-1999, we find a clear positive relationship between corruption and FDI. Corruption is thus a stimulus for FDI.
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