The Lagged Effects of Corruption Control, Business Environment and Economic Growth on Foreign Direct Investment in the Philippines

in Asian Journal of Social Science
Restricted Access
Get Access to Full Text
Rent on DeepDyve

Have an Access Token?



Enter your access token to activate and access content online.

Please login and go to your personal user account to enter your access token.



Help

Have Institutional Access?



Access content through your institution. Any other coaching guidance?



Connect

Despite vast natural resources and geographic advantages in the Asia-Pacific region, foreign direct investment (FDI) in the Philippines was ranked among the lowest in the region for the past 30 years. Some challenges, including high-level public corruption, low economic development and the government’s inability to establish a good business environment, are seen to have reduced FDI. Moreover, the Philippines still remains lagging in the South East Asian region in terms of FDI despite recent developments, such as good GDP figures and the reforms put in place by President Benigno Simeon Aquino III. This may imply an interval between the reforms made and their impact on FDI. Thus, this study investigates the lagged effects of the government’s anti-corruption stance, reforms undertaken to facilitate business and economic growth on FDI in the Philippines. In the process, it draws on both qualitative and quantitative data: The latter utilises an auto-regressive distributed lagged model to find possible time intervals on the impact of variables with each other, while the former provides support through a narration of historical developments, trends and explanations rooted on theoretical foundations.

The Lagged Effects of Corruption Control, Business Environment and Economic Growth on Foreign Direct Investment in the Philippines

in Asian Journal of Social Science

Sections

Figures

  • View in gallery
    Figure 1

    State debt and infrastructure spending in the Philippines, 1996–2013Source: DOF, Department of Budget and Management

Information

Content Metrics

Content Metrics

All Time Past Year Past 30 Days
Abstract Views 124 124 27
Full Text Views 67 67 59
PDF Downloads 4 4 2
EPUB Downloads 0 0 0