Does Corruption Hinder Domestic Investment in the MENA Region: Evidence from a Panel-Country Analysis-Reference-Cited by-同舟云学术

Does Corruption Hinder Domestic Investment in the MENA Region: Evidence from a Panel-Country Analysis

Published:2023-03-30 Issue:3 Volume:14 Page:225-243
ISSN:2154-4611
Container-title:Asian Journal of Law and Economics
language:en
Short-container-title:

Author:

Al-Tal Raad¹,Al-Tarawneh Yaseen²,Mahasneh Shera³

Affiliation:

1. Assistant Professor, Department of Economics , The University of Jordan , Amman , Jordan

2. Associate Professor, Department of Economics , The University of Jordan , Amman , Jordan

3. Assistant to the Vice President for International Affairs, The University of Jordan , Amman , Jordan

Abstract

Abstract This study aims to investigate the impact of different facets of corruption on domestic investment (DI) in the Middle East and North Africa (MENA) economies. The main purpose of this empirical research to assess the influence of bribes, abuse of public office and nepotism on domestic investment in 14 MENA countries over the period 2005–2022. The results of 2SLS model indicate that corruption could affect negatively on domestic investments through two channels, namely: illegal payments (bribes) and the abuse of public office for private gain. In this case, the regulators and decision makers have to formulate new strategies that aimed particularly to fight these kinds of corruption to increase domestic investment.

Publisher

Walter de Gruyter GmbH

Subject

Law,Economics, Econometrics and Finance (miscellaneous)

Link

https://www.degruyter.com/document/doi/10.1515/ajle-2022-0121/pdf

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