Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/175903 
Year of Publication: 
2009
Series/Report no.: 
Working Papers in Economics No. 09/02
Publisher: 
Izmir University of Economics, Department of Economics, Izmir
Abstract: 
This paper empirically examines the impact of corruption on FDI in European Union countries, including candidate countries. Our aim is to verify whether Efficient Grease Hypothesis does hold in the case of the EU. Contrary to the Hypothesis, we find that corruption has a negative impact on FDI.
Subjects: 
FDI
Corruption
Efficient Grease Hypothesis
OLS
JEL: 
C31
D73
F21
Document Type: 
Working Paper

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