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Corruption and the Composition of Foreign Direct Investment : Firm-Level Evidence

The authors study the impact of corruption in a host country on foreign investors' preference for a joint venture, or a wholly owned subsidiary. Their simple model highlights a basic tradeoff in using local partners. On the one hand, corruptio...

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Bibliographic Details
Main Authors: Smarzynska, Beata K., Wei, Shang-Jin
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
ADMINISTRATIVE EXPENDITURE
AGGREGATING GOVERNANCE INDICATORS
BRIBERY
BUREAUCRACY
CAPITAL CITIES
CAPITAL FLOWS
CODES
CORRUPT COUNTRIES
CORRUPT PRACTICES
CORRUPTION
CORRUPTION LEVELS
CORRUPTION PERCEPTIONS
CORRUPTION VARIABLE
DECREE
DEGREE OF CORRUPTION
DIRECT INVESTMENT INFLOWS
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
EXPENDITURE
FDI
FIGHTING CORRUPTION
FIRM SIZE
FOREIGN DIRECT INVESTMENT
FOREIGN FIRMS
FOREIGN INVESTMENT
FOREIGN INVESTORS
FOREIGN OWNERSHIP
FOREIGN PARTICIPATION
FOREIGN PARTNER
GCR
GOVERNMENT OFFICIALS
HOST COUNTRIES
HOST COUNTRY
HOST____COUNTRY
INTELLECTUAL PROPERTY
INTERNATIONAL DEVELOPMENT
INTERNATIONAL ECONOMICS
INTERNATIONAL INVESTMENT
INTERNATIONAL INVESTORS
INTERNATIONAL TRADE
INWARD FOREIGN DIRECT INVESTMENT
LEGISLATION
MANUFACTURING SECTORS
MARKET ECONOMY
MARKET SIZE
MULTINATIONAL ENTERPRISES
NATIONAL GOVERNMENTS
NATIONS
NATURAL RESOURCES
PERCEPTIONS INDEX
PRIVATISATION
PRIVATIZATION
PROPERTY RIGHTS
PUBLIC OFFICIALS
PUBLISHERS
PURCHASING POWER
STATEMENTS
TAX RATE
TAX RATES
TECHNOLOGICAL SOPHISTICATION
TECHNOLOGY TRANSFER
TRANSITION ECONOMIES
TRANSPARENCY
Online Access:http://documents.worldbank.org/curated/en/2000/06/437403/corruption-composition-foreign-direct-investment-firm-level-evidence
http://hdl.handle.net/10986/19836

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