Globalization creates new opportunities for firms to invest abroad and many economies are making active efforts to attract Foreign Direct Investment (FDI) in order to promote economic growth. Decisions to invest abroad depend on a complex set of factors, but the least corrupt countries may attract more foreign direct investment because they provide a more favorable climate for investors. In this paper we investigate the impact of corruption on FDI inflows in 73 countries, over the period 1998-2008. Our results suggest that countries where corruption is lower, the FDI inflows are greater, and so controlling corruption may be an important strategy for increase FDI inflows. Keywords: Corruption, Foreign Direct Investment, economic growth. ¿La corrupción inhibe La inversión extranjera Directa?La globalización ha creado nuevas oportunidades para invertir en el extranjero y muchas economías están haciendo esfuerzos para atraer inversión extranjera directa (IED) con el fin de promover el crecimiento económico. La decisión de invertir en el extranjero depende de un complejo conjunto de factores. No obstante, los países menos corruptos pueden atraer más inversión extranjera directa, ya que proporcionan un clima más favorable para los inversionistas. En este trabajo se investiga el impacto de la corrupción sobre los flujos de IED en 73 países, en el período 1998-2008. Los resultados sugieren que los países donde la corrupción es menor, las entradas de IED son mayores, por lo que el control de la corrupción puede ser una estrategia importante para aumentar los flujos de IED. Palabras clave: corrupción, Inversión extranjera directa, crecimiento económico.
Sustainable development is a concern and a challenge of modern societies, either in developing and developed countries. Good governance is crucial to managing efficiently all kind of resources, including natural resources, for the well-being of current and future generations. Digital transformation can be a key driver of changes in governments if they want to enhance transparency, accountability and efficiency. E-government facilitates integrated policies and public services to promote sustainable and inclusive economic growth, social development and environmental protection. E-government contributes to efficient resource management, and so can help to improve namely natural resource usage in the present to avoid damage to their usage in the future. The aim of this study is to analyse the impact of e-government on sustainable development. Using a logit model, for a sample of 103 countries in the period 2003–2018, the results suggest that e-government development is a positive determinant for a country to attain sustainable development, proxied by adjusted net savings, that embraces a country’s economic, social and environmental development. This study provides evidence that e-government increases the probability to attain sustainable development mostly in developing and transition economies. The results also suggest that economic growth and gross national income per capita are significant positive influences in sustainable development in the whole sample and that countries with lower age dependency and natural resource rents are more likely to have sustainable development. Developing e-government allows promoting sustainable development, particularly in developing and in transition economies.
This study sought to analyse tourists' purchasing behaviours involving online travel agencies (OTAs) (i.e. Booking.com and Expedia.com). The research focused on identifying which factors most strongly influence buyers' decision making and whether the degree of importance given to factors changes according to tourists' sociodemographic, economic or travel characteristics. The results show that most tourists book their accommodations through OTAs mainly because browsing is easier and better prices are offered. The results further suggest that the most important factor when booking accommodations is price, although the overall buying process is quite complex. Online reviews, promotions and photos are also important. The importance online tourists give to price varies by age group, income and country of residence. Online reviews are significant regardless of tourists' characteristics, except for age. Cluster analyses additionally revealed three different tourist segments based on the importance given to price, online reviews, promotions and photos.
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