Do Countries with Similar Levels of Corruption Compete to Attract Foreign Investment? Evidence Using World Panel Data

This paper examines whether foreign direct investment in one country helps to increase foreign investment in other countries with a similar degree of corruption. Our estimates are based on an unbalanced annual panel of 164 countries over the 2005–2015 period. Using spatial econometric techniques, ou...

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Bibliographic Details
Main Authors: Luisa Alamá-Sabater, Teresa Fernández-Núñez, Miguel Ángel Márquez, Javier Salinas-Jimenez
Format: Article
Language:English
Published: MDPI AG 2020-07-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/12/15/6194