CORRUPTION AND FOREIGN DIRECT INVESTMENT INFLOWS IN EMERGING MARKET ECONOMIES

Authors

  • Yilmaz BAYAR Usak University
  • Naib ALAKBAROV Usak University

Keywords:

Foreign direct investment inflows, control of corruption, rule of law, panel data analysis

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.

Author Biographies

Yilmaz BAYAR, Usak University

Department of Economics, Usak, Turkey

Naib ALAKBAROV, Usak University

Department of Economics

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Additional Files

Published

10.07.2016

Issue

Vol. 5 No. 2 (2016)

Section

Management, Marketing and Business Administration

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