Foreign Direct Investment and Corruption in Developing Economies: Evidence form Linear and Non-Linear Panel Causality Tests

Autor:	Craigwell, Roland, Wright, Allan S
Rok vydání:	2011
Předmět:	Panel Linear and Non-Linear Causality Corruption Foreign Direct Investment jel:D73 jel:E22 jel:C33
Popis:	This paper aims at determining the causal relationship between FDI and corruption in 42 developing countries using linear and non linear panel methods over the period 1998 to 2009. The findings show a causal association as corruption appears to Granger caused FDI and FDI seems to Granger lead corruption using linear methods, while for weaker results are obtain using non linear methods. The general value of these results is that adequate institutional facilities must be in place in developing economies to reduce losses from corruption especially in an attempt to attract foreign direct investment.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=od_______645::b3d12b0d7544ff0f7e5bc07e75bf1082 https://mpra.ub.uni-muenchen.de/40933/2/MPRA_paper_40933.pdf Zobrazit plný text záznamu