Corruption and Foreign Direct Investment in Latin America: A Panel Gravity Model Approach
- Turan Subasat
- Sotirios Bellos
Abstract
This paper employs a panel data gravity model to assess the impact of corruption on foreign direct investment in selected Latin American countries. Our results suggest that high levels of corruption are associated with high levels of FDI.
- Full Text: PDF
- DOI:10.5539/jms.v3n4p151
This work is licensed under a Creative Commons Attribution 4.0 License.
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