National levels of corruption and foreign direct investment
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F19%3A00504868" target="_blank" >RIV/67985998:_____/19:00504868 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.1016/j.jce.2018.10.005" target="_blank" >http://dx.doi.org/10.1016/j.jce.2018.10.005</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.jce.2018.10.005" target="_blank" >10.1016/j.jce.2018.10.005</a>
Alternative languages
Result language
angličtina
Original language name
National levels of corruption and foreign direct investment
Original language description
We model the relationship between bilateral foreign direct investment (FDI) and the level of corruption in multinational firms’ (MCNs’) home and host countries. We construct and test a model of bilateral FDI between countries that differ in their levels of corruption. FDI is affected negatively both by the level of corruption in the host country and by differences in home- and host-country corruption. Our model emphasizes that MNCs develop skills for dealing with home-country corruption, and these skills become a competitive advantage in similarly corrupt host countries. We test the model using data on bilateral FDI stocks among a large number of home and host countries, using a variety of specifications and estimation strategies to provide robustness. Our results show that the effects of host-country corruption and of differences in corruption levels between home and host countries are statistically and economically significant.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/GA18-04630S" target="_blank" >GA18-04630S: The Economic Impact of Investment Disputes</a><br>
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of Comparative Economics
ISSN
0147-5967
e-ISSN
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Volume of the periodical
47
Issue of the periodical within the volume
1
Country of publishing house
US - UNITED STATES
Number of pages
19
Pages from-to
31-49
UT code for WoS article
000462694200002
EID of the result in the Scopus database
2-s2.0-85056197763