FDI, Institutional Quality, and Bribery: An Empirical Examination in China

Oh, Kum-Sik; Ryu, Yeon-Sik

doi:10.3390/su11154023

Cited by 10 publications

(13 citation statements)

References 36 publications

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“…Extant research suggests that FDI affects not only the economic development, but also government policies and the institutional quality of host countries [13][14][15][16][17][18][19]. However, there is still no consensus, both theoretically and empirically, that inward FDI improves the institutional quality of host countries.…”

Section: Introductionmentioning

confidence: 99%

Does China’s Outward Direct Investment Improve the Institutional Quality of the Belt and Road Countries?

et al. 2020

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This article investigates the effects of China’s outward direct investment (ODI) on the institutional quality of the Belt and Road (B&R) countries. Based on a panel data set of 63 B&R countries during the period 2003 to 2016, we find that China’s ODI improves the institutional quality of B&R countries not only in the short run but also in the long run. Further, although China’s ODI exerts no differential impacts on host country institutional dimensions of “control of corruption,” “government effectiveness,” and “political stability” in countries with different natural resource endowments, it improves their institutional dimensions of “regulatory quality” and “rule of law,” implying that China’s ODI may help the host B&R countries minimize the “resource curse”. As one of the most important strategies for China’s opening-up development in the current era, the B&R initiative serves as means to promote sustainable development of B&R countries. The article therefore contributes to existing scholarship on the institutional effects of China’s ODI and sheds light on the mechanisms that drive sustainable development.

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Section: Introductionmentioning

confidence: 99%

Does China’s Outward Direct Investment Improve the Institutional Quality of the Belt and Road Countries?

et al. 2020

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“…In addition, institutional quality matters. Prior research has primarily focused on the direct relationship between institutional quality and FDI [2][3][4][5][6][7][8][9][10]. However, we posit that institutional quality works as a secondary determinant.…”

Section: Academic Contributionsmentioning

confidence: 85%

“…While in the long run, increased competition is beneficial for product efficiency and innovation, as the process of market reform unfolds, established firms that are used to stable markets and government protection may face decreased performance due to increased competition. Although a few studies have focused on heterogeneous FDI levels based on institutional quality [2][3][4], little study has been done in terms of the technological capability aspects of FDI.…”

Section: Moderations Of Institutional Qualitymentioning

confidence: 99%

“…Foreign direct investment (FDI) is one of the main driving forces behind cross-border technology spillovers [1,2] and is preferred by developing countries due to its positive influence on economic development [3]. In this sense, previous studies have focused on the determinants of FDI inflows to developing countries and have highlighted the importance of institutional quality in host countries in attracting FDI [2][3][4]. On one hand, high institutional quality leads to high inflows of FDI and low volatility of FDI [5], while established property rights also have a positive influence on FDI inflows [6][7][8].…”

Section: Introductionmentioning

confidence: 99%

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The Impact of the Technological Capability of a Host Country on Inward FDI in OECD Countries: The Moderating Roles of Institutional Quality

Kim

Choi

2020

Sustainability

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This empirical study explores the impacts of technological capability on inward foreign direct investment (FDI) with the moderations of institutional quality. We extend the existing literature by contributing the dynamic links between technology trade and institutional quality by using the panel data of 35 Organization for Economic Cooperation and Development (OECD) countries between 2000 and 2015. Based on fixed-effects regression, our results show that there is a U-shape relationship between the net technological capability of a host country and inward FDI. In addition, the institutional quality of a host country, government size and regulation have positive moderations, whereas sound money accessibility and legal system and property protection have negative moderations on the main U-shape relationship. Our study contributes to the literature on the determinants of inward FDI in the context of technological capabilities and institutional quality.

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“…In a nutshell, studies have shown that incidences of bribery practices are less likely in countries with high institutional quality and more likely in countries with poor institutional quality (Bjørnskov, 2011; Oh and Ryu, 2019). However, Nel (2019) posit that in certain instances bribery practices can increase the income of the poor even under poor institutional quality.…”

Section: Theoretical Frameworkmentioning

confidence: 99%

Perceptions on the impact of anti-bribery measures, strategies and programs on the persistence of bribery practices in Nigeria

Saddiq¹,

Bakar

2021

JFC

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Purpose The purpose of this paper is to assess the perceptions of the grassroots on the impact of combative policy measures, strategies and programs introduced by the government and the civil society to reduce persistent occurrences of bribery practices in Nigeria. Design/methodology/approach Multi-stage or cluster sampling was used to acquire the data for this paper via survey questionnaire administered to the grassroots in Abuja, Nigeria. The data set is used to assess the impact of the various policy measures, strategies and programs on the persistence of bribery practices in Nigeria. The multiple linear regression method was used to estimate the data generated from 836 responses in Statistical Package for Social Sciences (SPSS) version 26. Findings The result of the estimations indicates that the respondents perceived that some of the policy measures, strategies and programs introduced have reduced persistence of bribery practices in Nigeria, whereas others have remained ineffective in reducing the persistence of bribery practices in Nigeria. Originality/value Previous studies on the impact of anti-bribery policy measures, strategies and programs were largely based on the perceptions of international institutions and business executives; this study appears to be the pioneer to focus on the perceptions of the grassroots in Abuja, Nigeria.

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FDI, Institutional Quality, and Bribery: An Empirical Examination in China

Cited by 10 publications

References 36 publications

Does China’s Outward Direct Investment Improve the Institutional Quality of the Belt and Road Countries?

Does China’s Outward Direct Investment Improve the Institutional Quality of the Belt and Road Countries?

The Impact of the Technological Capability of a Host Country on Inward FDI in OECD Countries: The Moderating Roles of Institutional Quality

Perceptions on the impact of anti-bribery measures, strategies and programs on the persistence of bribery practices in Nigeria

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