Does corruption inhibit foreign direct investment?

Detalhes bibliográficos
Autor(a) principal: Castro, Conceição
Data de Publicação: 2013
Outros Autores: Nunes, Pedro
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.22/6185
Resumo: 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?¿La corrupción inhibe la inversión extranjera directa?CorruptionForeign direct investmentEconomic growthCorrupciónInversión extranjera directaCrecimiento económicoGlobalization 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.La globalización ha creado nuevas oportunidades para invertir en el extranjero y muchas economías están haciendo esfuerzos para atraer inversión extranjera directa (IED) con el fin de promover el crecimiento económico. La decisión de invertir en el extranjero depende de un complejo conjunto de factores. No obstante, los países menos corruptos pueden atraer más inversión extranjera directa, ya que proporcionan un clima más favorable para los inversionistas. En este trabajo se investiga el impacto de la corrupción sobre los flujos de IED en 73 países, en el período 1998-2008. Los resultados sugieren que los países donde la corrupción es menor, las entradas de IED son mayores, por lo que el control de la corrupción puede ser una estrategia importante para aumentar los flujos de IED.Universidad de Chile. Instituto de Asuntos PúblicosRepositório Científico do Instituto Politécnico do PortoCastro, ConceiçãoNunes, Pedro2015-06-02T08:31:14Z20132013-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.22/6185eng0716-107710.5354/0716-1077.2013.27418info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-13T12:46:23Zoai:recipp.ipp.pt:10400.22/6185Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:26:46.581741Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Does corruption inhibit foreign direct investment?
¿La corrupción inhibe la inversión extranjera directa?
title Does corruption inhibit foreign direct investment?
spellingShingle Does corruption inhibit foreign direct investment?
Castro, Conceição
Corruption
Foreign direct investment
Economic growth
Corrupción
Inversión extranjera directa
Crecimiento económico
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.none.fl_str_mv Repositório Científico do Instituto Politécnico do Porto
dc.contributor.author.fl_str_mv Castro, Conceição
Nunes, Pedro
dc.subject.por.fl_str_mv Corruption
Foreign direct investment
Economic growth
Corrupción
Inversión extranjera directa
Crecimiento económico
topic Corruption
Foreign direct investment
Economic growth
Corrupción
Inversión extranjera directa
Crecimiento económico
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
2013-01-01T00:00:00Z
2015-06-02T08:31:14Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.22/6185
url http://hdl.handle.net/10400.22/6185
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 0716-1077
10.5354/0716-1077.2013.27418
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eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidad de Chile. Instituto de Asuntos Públicos
publisher.none.fl_str_mv Universidad de Chile. Instituto de Asuntos Públicos
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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