Corruption and Foreign Direct Investment in Latin America: A Panel Gravity Model Approach

Turan Subasat, Sotirios Bellos


This paper employs a panel data gravity model to assess the impact of corruption on foreign direct investment in selected Latin American countries. Our results suggest that high levels of corruption are associated with high levels of FDI.

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Journal of Management and Sustainability   ISSN 1925-4725 (Print)   ISSN 1925-4733 (Online)


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