Does corruption inhibit foreign direct investment?

Bibliographic Details
Main Author: Castro, Conceição
Publication Date: 2013
Other Authors: Nunes, Pedro
Format: Article
Language: eng
Source: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Download full: http://hdl.handle.net/11110/334
Summary: 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.
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spelling Does corruption inhibit foreign direct investment?Corruption, Foreign Direct Investment, economic growthGlobalization 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.Política / Revista de Ciencia Política2013-12-03T19:50:42Z2013-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttp://hdl.handle.net/11110/334oai:ciencipca.ipca.pt:11110/334eng0,3610716-1077http://hdl.handle.net/11110/334metadata only accessinfo:eu-repo/semantics/openAccessCastro, ConceiçãoNunes, Pedroreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2022-09-05T12:51:54Zoai:ciencipca.ipca.pt:11110/334Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-28T10:01:34.295923Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv Does corruption inhibit foreign direct investment?
title Does corruption inhibit foreign direct investment?
spellingShingle Does corruption inhibit foreign direct investment?
Castro, Conceição
Corruption, Foreign Direct Investment, economic growth
title_short Does corruption inhibit foreign direct investment?
title_full Does corruption inhibit foreign direct investment?
title_fullStr Does corruption inhibit foreign direct investment?
title_full_unstemmed Does corruption inhibit foreign direct investment?
title_sort Does corruption inhibit foreign direct investment?
author Castro, Conceição
author_facet Castro, Conceição
Nunes, Pedro
author_role author
author2 Nunes, Pedro
author2_role author
dc.contributor.author.fl_str_mv Castro, Conceição
Nunes, Pedro
dc.subject.por.fl_str_mv Corruption, Foreign Direct Investment, economic growth
topic Corruption, Foreign Direct Investment, economic growth
description 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.
publishDate 2013
dc.date.none.fl_str_mv 2013-12-03T19:50:42Z
2013-01-01T00:00:00Z
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http://hdl.handle.net/11110/334
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dc.publisher.none.fl_str_mv Política / Revista de Ciencia Política
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