Iyer, Krishna G.; Rambaldi, Alicia N.; Tang, Kam Ki - 2004
portfolio investment (FPI) and other foreign investment (OFI) fills this gap in the literature. Adopting the stochastic frontier … examined in the paper indicate that inflows of foreign investment and trade have been instrumental in reducing inefficiencies … across OECD countries, whereas outflows of foreign investment exacerbate inefficiencies. The study also confirms some …