Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Economics and Finance in Indonesia
Corruption; Foreign Direct Investment (FDI); ASEAN-5; Static Panel data
Articles 1 - 1 of 1
Full-Text Articles in Social and Behavioral Sciences
Corruption And Foreign Direct Investment (Fdi) In Asean-5: A Panel Evidence, Bakri Abdul Karim Mr, Zulkefly Abdul Karim
Corruption And Foreign Direct Investment (Fdi) In Asean-5: A Panel Evidence, Bakri Abdul Karim Mr, Zulkefly Abdul Karim
Economics and Finance in Indonesia
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-5 governments 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 …