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Corruption distance and FDI flows into Latin America

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  • Godinez, Jose R.
  • Liu, Ling

Abstract

Studies of corruption and its relationship with foreign direct investment (FDI) have yielded mixed results; some have found that corruption deters FDI but others have found the opposite. This paper replicates earlier studies within the OLI paradigm, but also seeks to advance our understanding of this relationship by introducing the concept of “corruption distance” between pairs of countries and applying it to the special context of Latin America.

Suggested Citation

  • Godinez, Jose R. & Liu, Ling, 2015. "Corruption distance and FDI flows into Latin America," International Business Review, Elsevier, vol. 24(1), pages 33-42.
    • Handle: RePEc:eee:iburev:v:24:y:2015:i:1:p:33-42
    DOI: 10.1016/j.ibusrev.2014.05.006
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