Herzer, Dierk; Klasen, Stephan; Nowak-Lehmann D., Felicitas - 2006
This paper challenges the widespread belief that FDI generally has a positive impact on economic growth in developing … countries FDI has no statistically significant long-run impact on growth. In very few cases, FDI indeed contributes to economic … growth both in the long and the short run. But for some countries, there is also evidence of growth-limiting effects of FDI …