Repository logo
 

Foreign direct investment and corruption

Simple item page
dc.contributor.authorArdiyanto, Ferry, author
dc.contributor.authorCutler, Harvey, advisor
dc.contributor.authorBraunstein, Elissa, committee member
dc.contributor.authorVasudevan, Ramaa, committee member
dc.contributor.authorKoontz, Stepehn, committee member
dc.date.accessioned2007-01-03T08:26:16Z
dc.date.available2007-01-03T08:26:16Z
dc.date.issued2012
dc.description.abstractCorruption is the abuse of public authority and discretion for private gain. Corruption is perceived as detrimental to investment as it acts like a tax on investment by increasing the cost of doing business. However, the efficient grease hypothesis argues that corruption could increase investment as it acts as grease money that enables firms to avoid bureaucratic red tape and expedite the decision making process. This study attempts to build empirical models to investigate the relationship between foreign direct investment and corruption and identify the determinants of corruption itself. As tolerance towards corruption tends to vary from country to country, countries are disaggregated into developed economies and developing economies. Additionally, there are four regions within the developing economies group to take into account intrinsic differences in perceptions of and attitudes towards corruption, as well as cultural and geographical differences. The dissertation finds that corruption is deleterious for FDI inflows in developed countries, but is somewhat beneficial for attracting FDI inflows in developing economies. However, when developing countries are disaggregated into several regions, the effect of corruption on FDI inflows fades away. Furthermore, corruption can be caused by both economic and institutional factors. It is also confirmed that factors influencing corruption vary among developed countries, developing countries and within regions of developing countries. The importance of institutional factors makes it clear that the institutional framework is important for explaining corruption, no matter whether a country is a developed or developing one.
dc.format.mediumborn digital
dc.format.mediumdoctoral dissertations
dc.identifierArdiyanto_colostate_0053A_11539.pdf
dc.identifierETDF2012500282ECON
dc.identifier.urihttp://hdl.handle.net/10217/71542
dc.languageEnglish
dc.language.isoeng
dc.publisherColorado State University. Libraries
dc.relation.ispartof2000-2019
dc.rightsCopyright and other restrictions may apply. User is responsible for compliance with all applicable laws. For information about copyright law, please see https://libguides.colostate.edu/copyright.
dc.subjectcorruption
dc.subjectforeign direct investment
dc.subjectdeveloping
dc.subjectdeveloped
dc.titleForeign direct investment and corruption
dc.typeText
dcterms.rights.dplaThis Item is protected by copyright and/or related rights (https://rightsstatements.org/vocab/InC/1.0/). You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).
thesis.degree.disciplineEconomics
thesis.degree.grantorColorado State University
thesis.degree.levelDoctoral
thesis.degree.nameDoctor of Philosophy (Ph.D.)

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Ardiyanto_colostate_0053A_11539.pdf
Size:
936.4 KB
Format:
Adobe Portable Document Format
Description:
Download

Collections

2000-2019
Theses and Dissertations