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Do Countries with Similar Levels of Corruption Compete to Attract Foreign Investment? Evidence Using World Panel Data
dc.contributor.author | Alamá Sabater, Luisa | |
dc.contributor.author | Fernández Núñez, María Teresa | |
dc.contributor.author | Márquez, Miguel | |
dc.contributor.author | Salinas-Jimenez, Javier | |
dc.date.accessioned | 2020-11-23T16:17:40Z | |
dc.date.available | 2020-11-23T16:17:40Z | |
dc.date.issued | 2020 | |
dc.identifier.issn | 2071-1050 | |
dc.identifier.uri | http://hdl.handle.net/10234/190446 | |
dc.description.abstract | This paper examines whether foreign direct investment in one country helps to increase foreign investment in other countries with a similar degree of corruption. Our estimates are based on an unbalanced annual panel of 164 countries over the 2005–2015 period. Using spatial econometric techniques, our main findings reveal that foreign investment in one recipient country is complementary to that in countries with similar levels of corruption. Furthermore, our results point to the existence of different circuits of foreign direct capital among countries that are determined by corruption similarity. These results suggest important policy implications for countries aiming to attract foreign investment. | ca_CA |
dc.format.extent | 15 p. | |
dc.format.mimetype | application/pdf | ca_CA |
dc.language.iso | eng | ca_CA |
dc.publisher | MDPI | ca_CA |
dc.rights | Atribución 4.0 Internacional | * |
dc.rights | © 2020 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (http://creativecommons.org/licenses/by/4.0/). | |
dc.rights.uri | http://creativecommons.org/licenses/by-sa/4.0/ | * |
dc.subject | foreign direct investment | |
dc.subject | sustainable development | |
dc.subject | corruption similarity | |
dc.subject | spatial econometrics | |
dc.title | Do Countries with Similar Levels of Corruption Compete to Attract Foreign Investment? Evidence Using World Panel Data | ca_CA |
dc.type | info:eu-repo/semantics/article | ca_CA |
dc.identifier.doi | https://doi.org/10.3390/su12156194 | |
dc.relation.projectID | Luisa Alamá-Sabater acknowledges the financial support of the Spanish Ministerio de Economía y Competitividad (ECO2017-85746-P). Miguel A. Marquez acknowledges the financial support of the Spanish Ministerio de Ciencia e Innovación (Ref. PID2019-109687GB-100). | |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | ca_CA |
dc.relation.publisherVersion | https://www.mdpi.com/2071-1050/12/15/6194 | ca_CA |
dc.type.version | info:eu-repo/semantics/publishedVersion | ca_CA |
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