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Digging in the dirt? Extractive industry FDI and corruption

机译:挖土?采掘业外国直接投资与腐败

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摘要

Does corruption attract or deter foreign investment in the extractive sectors? This article presents an econometric analysis of extractive industry foreign direct investment (FDI) inflows to 81 countries in the period 1996-2009. The results suggest that increased corruption within a country is associated with increased extractive industry FDI, but at a diminishing rate as corruption increases grow larger. For realistic changes in corruption, however, more corruption is associated with more extractive industry investment.
机译:腐败是否会吸引或阻止外国对采掘业的投资?本文对1996-2009年期间81个国家的采掘业外国直接投资(FDI)流入进行了计量分析。结果表明,一国内部腐败的增加与采掘业外国直接投资的增加有关,但是随着腐败的增加越来越大,这一比率正在下降。但是,对于腐败的现实变化,更多的腐败与更多的采掘业投资相关。

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