The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
How Taxing is Corruption on International Investors?
Open accessAbstract
This paper studies the effect of corruption on foreign direct investment. The sample covers bilateral investment from twelve source countries to 45 host countries. There are two central findings. First, a rise in either the tax rate on multinational firms or the corruption level in a host country reduces inward foreign direct investment (FDI). In a benchmark estimation, an increase in the corruption level from that of Singapore to that of Mexico would have the same negative effect on inward FDI as raising the tax rate by fifty percentage points. Second, American investors are averse to corruption in host countries, but not necessarily more so than average OECD investors, in spite of the U.S. Foreign Corrupt Practices Act of 1977.
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Hsiao, C. (2014) · doi:10.1017/cbo9781139839327 · Cited by 7,869
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Cited by
Political risk, institutions and foreign direct investment
Busse, M., & Hefeker, C. (2007) · European Journal of Political Economy · doi:10.1016/j.ejpoleco.2006.02.003 · Cited by 1,606
Asiedu, E. (2006) · The World Economy · doi:10.1111/j.1467-9701.2006.00758.x · Cited by 1,357
Corruption and Foreign Direct Investment
Habib, M., & Zurawicki, L. (2002) · Journal of International Business Studies · doi:10.1057/palgrave.jibs.8491017 · Cited by 1,321
The quality of institutions and foreign direct investment
DAUDE, C., & STEIN, E. (2007) · Economics & Politics · doi:10.1111/j.1468-0343.2007.00318.x · Cited by 670
The Role of Wages and Auditing during a Crackdown on Corruption in the City of Buenos Aires
Di Tella, R., & Schargrodsky, E. (2003) · The Journal of Law and Economics · doi:10.1086/345578 · Cited by 620
Metadata
- Authors
- Wei, S.-J.
- Venue
- Review of Economics and Statistics
- Publisher
- MIT Press - Journals
- Published
- 2000-02
- Volume
- 82
- Issue
- 1
- Pages
- 1-11
- ISSN
- 0034-6535 (ISSN-L)
- 1530-9142
- OpenAlex
- W2125997216
- Cited by
- 2,789
- References
- 1
- FWCI
- 84.06
- Type
- journal article
- Language
- en
- Open access
- green
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Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
