Egger, Hartmut; Egger, Peter; Falkinger, Josef; … - 2005
. Using foreign direct investment (FDI) as a measure for capital flows, we present empirical evidence which largely confirms … of view, education
expenditure should increase after integration of similar economies. Using foreign direct
investment … increasingly integrated in the last decades. For instance,
the average annual growth rate of foreign direct investment (FDI …