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Corruption and FDI in OIC Countries

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  • Ahmad Jafari Samimi

Abstract

The purpose of the present paper is to investigate the impact of corruption on foreign direct investment revenues in OIC countries. To do so, we have concentrated on a sample of 16 countries for which the necessary data were available for the period 2002-2008. We have used panel regression analysis. Our empirical results support that openness and Gross domestic product (GDP) have positive impact and inflation and corruption have negative impact on FDI in OIC countries.

Suggested Citation

  • Ahmad Jafari Samimi, 2011. "Corruption and FDI in OIC Countries," Information Management and Business Review, AMH International, vol. 2(3), pages 106-111.
    • Handle: RePEc:rnd:arimbr:v:2:y:2011:i:3:p:106-111
    DOI: 10.22610/imbr.v2i3.888
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    References listed on IDEAS

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    1. Felipe Larraín & José Tavares, 2004. "Does Foreign Direct Investment Decrease Corruption?," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 41(123), pages 217-230.
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    9. Aparna Mathur & Kartikeya Singh, 2013. "Foreign direct investment, corruption and democracy," Applied Economics, Taylor & Francis Journals, vol. 45(8), pages 991-1002, March.
    10. Elif Kardesler & Ý. Hakan Yetkiner, 2009. "The Impact of Corruption on FDI: An Application of Efficient Grease Hypothesis to EU Countries," Working Papers 0902, Izmir University of Economics.
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    Cited by:

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    2. Mosikari, Teboho J. & Nthebe, Tselane C. & Eita, Joel H., 2019. "Does Corruption Hampers Inward FDI in South Africa from other African Countries?," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 72(4), pages 513-534.
    3. Yilmaz BAYAR, & Naib ALAKBAROV, 2016. "CORRUPTION AND FOREIGN DIRECT INVESTMENT INFLOWS IN EMERGING MARKET ECONOMIES Usak University, Department of Economics, Usak, Turkey," EcoForum, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 5(2), pages 1-47, July.

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