Kinoshita, Yuko; Lu, Chia-Hui - 2006
FDI has little effect on growth as the country is trapped in a low growth equilibrium. We also present the simulations and …The paper studies the effects of foreign direct investment (FDI) on economic growth when sufficient provisions of … empirical results based on panel data for 42 developing countries between 1970 and 2000. They support the model that FDI and …