CORRUPTION AND FOREIGN DIRECT INVESTMENT INFLOWS IN EMERGING MARKET ECONOMIES Usak University, Department of Economics, Usak, Turkey

Yilmaz Bayar, and Naib Alakbarov
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Yilmaz Bayar,: Usak University, Department of Economics, Usak, Turkey

EcoForum, 2016, vol. 5, issue 2, 47

Abstract: This study investigates the interaction between corruption and foreign direct investment inflows in 23 emerging market economies during the period 2002-2014 by employing Westerlund-Durbin-Hausman (2008) cointegration test. We found that control of corruption and rule of law had no statistically significant impact on attraction of foreign direct investments in overall panel.

Keywords: Foreign direct investment inflows; control of corruption; rule of law; panel data analysis (search for similar items in EconPapers)
Date: 2016
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