of 3 equations where economic growth, economic reform and FDI are jointly determined. We find that new reforms affect … economic growth negatively but attract FDI, whereas the level of past reform leads to higher growth. This means that the … immediate adjustment cost of new reforms is counterbalanced by an immediate increase in FDI inflows and higher growth in the …

observed level of foreign direct investment (FDI) flows is kept in the medium run almost all countries could optimally have a … Romania. Accordingly, the maintenance of relatively large FDI inflows (especially greenfield investments) to national …

existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the host country … hypothesis that spillovers are greater for FDI with more advanced technology. While efficiency of domestic firms’is affected by … the business environment, the strength of FDI spillovers is not, either when measured by the degree of corruption …

. However, the coefficient values of FDI are smaller, suggesting that the positive effects are marginal. (b) When FDI inflows … collaborations increase productivity in part through its effect on the FDI inflows. (c) Another interesting finding is that there is … no strong evidence to show that this positive effect is state-heterogeneous. In turn, we find partial effects of FDI are …

This paper evaluates evidence of the impact of outbound foreign direct investment (FDI) on domestic investment rates …. OECD countries with high rates of outbound FDI in the 1980s and 1990s exhibited lower domestic investment than other … countries, which suggests that FDI and domestic investment are substitutes. U.S. time series data tell a very different story …