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

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
Format:	Policy Research Working Paper
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

Internet

http://documents.worldbank.org/curated/en/2000/06/437403/corruption-composition-foreign-direct-investment-firm-level-evidence
http://hdl.handle.net/10986/19836