Türkcan, Burcu; Duman, Alper; Yetkiner, I. Hakan - In: Proceedings of the International Conference on Emerging …
This paper tests the endogenous relationship between FDI and economic growth using a panel dataset for 23 OECD countries for the period 1975-2004. Following the literature, we treat economic growth and FDI as endogenous variables, and estimate a two-equation simultaneous equation system with the...