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• W3080090437 abstract "Corruption impacts the competitive conditions among firms and the flow of foreign investment. Institutional reforms made for fighting against corruption are sometimes useless. We develop a model in which a corrupted government tries to set an optimal institutional level taking into account the cost of this policy on foreign investment, the benefit of a corrupted domestic firm and the benefit of local citizens. A political contribution is made by a corrupted lobby group in order to benefit from a lower institutional level. Our results suggest that the optimal institutional level depends on the degree of efficiency of firms and the level of corruption of the host government." @default.
• W3080090437 created "2020-09-01" @default.
• W3080090437 creator A5051847099 @default.
• W3080090437 date "2022-01-01" @default.
• W3080090437 modified "2023-10-14" @default.
• W3080090437 title "Foreign direct investment, corruption, and institutional reforms" @default.
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• W3080090437 doi "https://doi.org/10.2298/pan181214011e" @default.
• W3080090437 hasPublicationYear "2022" @default.
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