Braconier, Henrik; Baldwin, Richard E.; Forslid, Rikard - Institutet för Näringslivsforskning (IFN) - 1999
FDI has received surprisingly little attention in theoretical and empirical work on openness and growth. This paper presents a theoretical growth model where MNCs directly affect the endogenous growth rate via technological spillovers. This is novel since other endogenous growth models with...
