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Corruption and Foreign Direct Investment (FDI) in ASEAN-5: A Panel Evidence

Economics and Finance in Indonesia

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Title Corruption and Foreign Direct Investment (FDI) in ASEAN-5: A Panel Evidence
 
Creator Abdul Karim, Bakri
Abdul Karim, Zulkefly
Nasharuddin, Mohamad Naufal
 
Subject Corruption; Foreign Direct Investment (FDI); ASEAN-5; Static Panel data
 
Description This paper examines the effects of corruption on the inflow of FDI in ASEAN-5 countries by controlling twomacroeconomic variables namely Gross Domestic Product (GDP) and inflation. Using a static panel dataestimation, the results show the significant relationship between corruption and Gross Domestic Product(GDP) on the inflow of FDI in ASEAN-5. This results indicate that less corrupted countries and largermarket size would attract more FDI inflows. The policy implications from this study suggests that ASEAN-5governments need to have concerted and continues efforts in improving the integrity and credibility of theiradministration and transactions. In addition, maintaining their sustainable of economic growth is also crucial as a full factor in attracting more FDI inflows in future.
 
Publisher Institute for Economic and Social Research
 
Contributor
 
Date 2019-01-21
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://efi.ui.ac.id/index.php/efi/article/view/594
10.7454/efi.v64i2.594
 
Source Economics and Finance in Indonesia; Volume 64, Number 2, December 2018; 145-156
2442-9260
0126-155X
 
Language eng
 
Relation http://efi.ui.ac.id/index.php/efi/article/view/594/595
 
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