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Foreign Direct Investment, Anti‐money Laundering Regulations and Economic Growth by Isaac Ofoeda; Elikplimi Komla Agbloyor; Joshua Yindenaba Abor; Kofi Osei Achampong is a Social Sciences article available to read on EtoBox.
What is Foreign Direct Investment, Anti‐money Laundering Regulations and Economic Growth about?
## Abstract This study seeks to establish the impact of anti‐money laundering (AML) regulations on economic growth as well as how AML regulations influence the foreign direct investment (FDI)–growth nexus for 165 economies across the globe. We employ Prais–Winsten and the Hansen (2000) panel threshold regression estimation techniques to test the hypotheses of the study. We use data ranging from 2012 to 2018. We provide evidence that AML regulations generally stimulate growth; however, AML regulations only stimulate growth below the threshold value. Again, although we report that FDI stimulates growth, the growth‐enhancing impact of FDI is more pronounced at higher levels of AML regulations.
Who reads Foreign Direct Investment, Anti‐money Laundering Regulations and Economic Growth?
It is typically read by researchers, students, and practitioners in Social Sciences.
- Author
- Isaac Ofoeda; Elikplimi Komla Agbloyor; Joshua Yindenaba Abor; Kofi Osei Achampong
- Publisher
- Wiley
- Published
- 2022
- Language
- EN
- Field
- Social Sciences