| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 9724143 | European Journal of Political Economy | 2005 | 21 Pages |
Abstract
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.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Peter Egger, Hannes Winner,