The Impact of Corruption on FDI: An Application of Efficient Grease Hypothesis to EU Countries

This paper empirically examines the impact of corruption on FDI in European Union countries, including candidate countries. Our aim is to verify whether Efficient Grease Hypothesis does hold in the case of the EU. Contrary to the Hypothesis, we find that corruption has a negative impact on FDI.

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Year of publication:	2009-01
Authors:	Kardesler, Elif ; Yetkiner, Ý. Hakan
Institutions:	Ekonomi Bölümü, İktisadi ve İdari Bilimler Fakültesi
Subject:	FDI \| Corruption \| Efficient Grease Hypothesis \| OLS

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 0902 16 pages
Classification:	C31 - Cross-Sectional Models; Spatial Models ; D73 - Bureaucracy; Administrative Processes in Public Organizations; Corruption ; F21 - International Investment; Long-Term Capital Movements
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004972781