Local Corruption and Global Capital Flows

By Shang-jin Wei. 2000

636 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/30a410360a9c8fddcdedf8d9cee7de75dff77e79

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Citations in the corpus

How Does Country Risk Matter for Foreign Direct Investment (2013, background): “For instance, Helpman, Melitz and Yeaple (2004) suggest that a firm’s relative productivity plays a major role in the MNEs’ investment decision-making process because only more productive firms can earn enough operating profits to recoup the high sunk costs of investing in a foreign country.”
Transparency and International Portfolio Holdings (2005, neutral): “Wei (2000) studies the effect of corruption on inward foreign direct investment and bank borrowing.”
Domestic Institutions and the Bypass Effect of Financial Globalization (2010, neutral): “Wi0 = λi £ F(Li,Ki0 )+ Ki0 ¤ − i φi1c/θ i + φi2β i ¢ Ki0 ( 30 )”
Cross-border takeovers, corruption, and related aspects of governance (2006, neutral): “1995; Henisz, 2000; Wei, 2000; Wei, 2000a; Habib and Zurawicki, 2001, 2002; Robertson”
Does better governance foster efficiency? An aggregate frontier analysis (2005, methodology): “The indices provided in the World Economic Forum’s Global Competitiveness Report, that were used by Wei (2000) , are of that kind.”
The Comparative Politics of Corruption: Accounting for the East Asian Paradox in Empirical Studies of Corruption, Growth and Investment (2004, background): “Several other empirical studies (Smarzynska & Wei, 2000; Wei, 2000) extend these findings by demonstrating that corruption retards foreign direct investment and shifts the composition of capital flowing into countries with more corruption in speculative directions.”
Capital Flows in a Globalized World: The Role of Policies and Institutions (2005, neutral): “Wei (2000) and Wei and Wu (2001) use data on bilateral FDI from 18 industrialized 1See Prasad, Rogoff, Wei and Kose (2003) for an extensive review.”
Economic institutions and FDI location choice: Evidence from US multinationals in China (2008, methodology): “In a cross-country study using bilateral aggregate FDI ows data, Wei (2000a, 2000b) nds that corruption in a host country substantially deters inward FDI.”