Corruption and the Composition of Foreign Direct Investment : Firm-Level Evidence

The authors study the impact of corruption in a host country on foreign investors' preference for a joint venture, or a wholly owned subsidiary. Their simple model highlights a basic tradeoff in using local partners. On the one hand, corruptio...

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Bibliographic Details
Main Authors: Smarzynska, Beata K., Wei, Shang-Jin
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2000/06/437403/corruption-composition-foreign-direct-investment-firm-level-evidence
http://hdl.handle.net/10986/19836