Deception, corruption and 'schizophrenia' in an incomplete-information model of foreign direct investment
Not all potential investors are equally discouraged by host country corruption. Some investors may actually benefit from it, especially if deception as to the true value of their investments is possible. A model is presented and tested with data for Latin America's top seven hosts and top eight sources of foreign direct investment. In general, FDI is not affected by host corruption, but sometimes it responds (mostly negatively) to the gap between the corruption indices of source and host and, to a lesser extent, to the gap in degrees of economic freedom. There is substantial heterogeneity among source countries.
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||2001|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +44(0)151 795 3108
Fax: +44(0)151 795 3004
Web page: http://www.liv.ac.uk/management/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:liv:livedp:2001_01. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Simon Blackman)
If references are entirely missing, you can add them using this form.