In this text we will show a connection between the level of corruption and the level of the FDI entering an economy. We are focusing the institutional efficiency and institutions as regulating organisms. After presenting the theoretic approach, we will to approach our theoretic conclusions on...

This paper explores the relationship between six indicators of governance and outward foreign direct investment (FDI) in the Japanese manufacturing industry. We estimate a gravity model of FDI for 30 host countries covering the period 2005-2011, employing Heckman's two-step sample selection...