Aizenman, Joshua (contributor); Spiegel, Mark (contributor) - 2003 - [Elektronische Ressource]
March 2003
Institutional Efficiency, Monitoring Costs, and the Investment
Share of FDI
Joshua Aizenman and Mark … foreign direct investment (FDI). We posit that domestic agents have a comparative
advantage over foreign agents in overcoming … subsequent foreign direct
investment flows to both gross fixed capital formation and to private investment. This
finding is …