Search results for "Corruption Perceptions Index"

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ASSESSMENT OF CORRUPTION EFFECT ON FOREIGN INVESTMENT FLOWS

2011

The purpose of the present paper is to investigate the impact of corruption on foreign direct investment (FDI) flows. Using data from the International Monetary Fund, Transparency International and United Nations conference about commerce and development data bases a cross-section econometric model was estimated to evaluate in which way and how strong corruption influence FDI inflows. Econometric modelling covers the period from year 2000 to 2007 and the data about 82 world countries that constitute more than 500 records. The main conclusion of the paper is that corruption has a negative and significant impact on the foreign direct investment inflows. Thus, changes in the level of corruptio…

Index (economics)Corruptionbusiness.industrymedia_common.quotation_subjectMonetary economicsInternational tradeForeign direct investmentEconometric modelcorruption; corruption perceptions index; cross-section; econometric model; FDI flowsTransparency (graphic)Per capitaCorruption Perceptions IndexEconomicsSingle pointbusinessmedia_commonLatgale National Economy Research
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