National levels of corruption and foreign direct investment

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

National levels of corruption and foreign direct investment

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

National levels of corruption and foreign direct investment

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

<a href="/cs/project/GA18-04630S" target="_blank" >GA18-04630S: Ekonomický dopad investičních sporů</a><br>

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2019

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Journal of Comparative Economics

ISSN

0147-5967

e-ISSN

—

Svazek periodika

47

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

US - Spojené státy americké

Počet stran výsledku

19

Strana od-do

31-49

Kód UT WoS článku

000462694200002

EID výsledku v databázi Scopus

2-s2.0-85056197763