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
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Creator |
Abdul Karim, Bakri
Abdul Karim, Zulkefly Nasharuddin, Mohamad Naufal |
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Subject |
Corruption; Foreign Direct Investment (FDI); ASEAN-5; Static Panel data
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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.
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Publisher |
Institute for Economic and Social Research
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Contributor |
—
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Date |
2019-01-21
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://efi.ui.ac.id/index.php/efi/article/view/594
10.7454/efi.v64i2.594 |
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Source |
Economics and Finance in Indonesia; Volume 64, Number 2, December 2018; 145-156
2442-9260 0126-155X |
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Language |
eng
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Relation |
http://efi.ui.ac.id/index.php/efi/article/view/594/595
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Rights |
Copyright (c) 2019 Economics and Finance in Indonesia
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