Abstract
The purpose of the present paper is to investigate the impact of corruption on foreign direct investment revenues in OIC countries. To do so, we have concentrated on a sample of 16 countries for which the necessary data were available for the period 2002-2008. We have used panel regression analysis. Our empirical results support that openness and Gross domestic product (GDP) have positive impact and inflation and corruption have negative impact on FDI in OIC countries.
Keywords
- Foreign Direct Investment (FDI) Search this journal for Foreign Direct Investment (FDI) (opens in a new tab)
- Corruption Search this journal for Corruption (opens in a new tab)
- OIC Countries Search this journal for OIC Countries (opens in a new tab)
- Panel Regression Search this journal for Panel Regression (opens in a new tab)
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Copyright (c) 2011 Ahmad Jafari Samimi, Maryam Monfared (Author)

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Keywords
- Foreign Direct Investment (FDI) Search this journal for Foreign Direct Investment (FDI) (opens in a new tab)
- Corruption Search this journal for Corruption (opens in a new tab)
- OIC Countries Search this journal for OIC Countries (opens in a new tab)
- Panel Regression Search this journal for Panel Regression (opens in a new tab)
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Vol. 2 No. 3 (2011)
Emerging Markets: Investment, Banking & Consumer Insight
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