Home|Journals|Articles by Year Follow on Twitter

Directory for Medical Articles

Open Access

Research Article

EEO. 2020; 19(4): 3183-3202


Mohib Ullah Khan, Zeeshan Khan, Dr Umer Qazi, Mawra Rauf, Nasir Farooq.

This research paper investigates the effect of corruption on foreign direct investment (FDI) and compares the average corruption of Pakistan with 36 sampled countries on the basis of average corruption perception index (CPI) scores. There are two contemporary theories on the relationship of corruption and FDI, as according to ‘grabbing hand’ raising the cost of transactions and uncertainty which should deter inflow of FDI and in contrast ‘helping hand’ lubrication or greasing the wheels of business against the rigid and strict economic regulations by facilitating transaction and investment which should foster FDI. The sample consists of 37 Asian countries including Pakistan over the time span of 1995 to 2014 and using random effects (GLS) regression to analyse the data. In first part of study, the empirical results indicate that corruption has negative and significant effect on FDI which tends to discourage the inflow FDI in Asia and validates the grabbing hand theory of corruption. In addition the other variables GDP growth, openness, infrastructure and education are tested and find positive and significant relationships with FDI. On the basis of present study findings it is suggested that FDI can be attracted by eliminating level of corruption in Asian economies. The second part of the study is based on comparison, for which ANOVA analysis and Least Significant Difference (LSD) technique are conducted. The findings of the ANOVA analysis reveal that Pakistan with low average CPI score is ranked at 30th position in sample of 37 countries. Moreover, the results show that 29 countries are less corrupt and only 7 countries are more corrupt than Pakistan.

Key words: Corruption, Foreign Direct Investment and Asian Economies

Similar Articles

Exploring the Alzheimer's disease neuroepigenome: recent advances and future trends.
Zhang H, Elefant F
Neural regeneration research. 2022; 17(2): 325-327

Emerging roles of NRBF2/PI3KC3 axis in maintaining homeostasis of brain and guts.
Wu MY, Cai CZ, Yang C, Yue Z, Chen Y, Bian ZX, Li M, Lu JH
Neural regeneration research. 2022; 17(2): 323-324

Presenilin mutations and their impact on neuronal differentiation in Alzheimer's disease.
Hernandez-Sapiens MA, Reza-Zaldívar EE, Márquez-Aguirre AL, Gómez-Pinedo U, Matias-Guiu J, Cevallos RR, Mateos-Díaz JC, Sánchez-González VJ, Canales-Aguirre AA
Neural regeneration research. 2022; 17(1): 31-37

Dendritic spine density changes and homeostatic synaptic scaling: a meta-analysis of animal studies.
Moulin TC, Rayêe D, Schiöth HB
Neural regeneration research. 2022; 17(1): 20-24

Improving cell transplantation by understanding and manipulating the phagocytic activity of peripheral glia.
Nazareth L, St John J, Ekberg J
Neural regeneration research. 2022; 17(2): 313-314

Full-text options

Add your Article(s) to Indexes
• citeindex.org

Follow ScopeMed on Twitter
Author Tools
eJPort Journal Hosting
About BiblioMed
License Information
Terms & Conditions
Privacy Policy
Contact Us

The articles in Bibliomed are open access articles licensed under the terms of the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License (https://creativecommons.org/licenses/by-nc-sa/4.0/) which permits unrestricted, non-commercial use, distribution and reproduction in any medium, provided the work is properly cited.
ScopeMed is a Database Service for Scientific Publications. Copyright © ScopeMed® Information Services.