Foreign direct investment, corruption and the OECD Anti-Bribery Convention:

This paper estimates a dynamic foreign direct investment (FDI) gravity model to explore the impact of corruption in general and the OECD Anti-Bribery Convention in particular. The evidence from previous studies in both domains is mixed, probably due to econometric inconsistencies and misuse of data....

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Bibliographic Details
Main Author: Blundell-Wignall, Adrian (Author)
Other Authors: Roulet, Caroline (Contributor)
Format: Electronic eBook
Language:English
Published: Paris OECD Publishing 2017
Series:OECD Working Papers on International Investment
Subjects:
Online Access:Volltext
Summary:This paper estimates a dynamic foreign direct investment (FDI) gravity model to explore the impact of corruption in general and the OECD Anti-Bribery Convention in particular. The evidence from previous studies in both domains is mixed, probably due to econometric inconsistencies and misuse of data. The more robust findings are that corruption has an insignificant or even positive effect on FDI in the general population. However, adherence to the OECD Anti-Bribery Convention has a clear negative impact on FDI-countries that adhere reduce investments in corrupt destinations
Physical Description:1 Online-Ressource (32 Seiten)
DOI:10.1787/9cb3690c-en

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