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CORRUPTION AND FOREIGN DIRECT INVESTMENT: A PANEL GRAVITY MODEL APPROACH |
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| Authors: | Sotirios Bellos Turan Subasat |
| Institution: | 1. University of Bath, Bath, UK;2. Izmir University of Economics, Izmir, Turkey |
| Abstract: | This paper investigates the relationship between corruption and foreign direct investment (FDI) in the case of 15 transition countries by using a panel gravity model approach and suggests that corruption does not deter FDI. |
| Keywords: | corruption FDI gravity model transition C23 D73 F23 P20 |