This paper studies the effects of foreign direct investment (FDI) on national economic growth with the help of GMM …

from 1990 to 2019. The study reveals that private investment significantly contributes to long-term economic growth in the … region. In contrast, the impact of public investment on long-term growth is not robust. These findings suggest that fostering …. Prioritizing the private sector for growth and investment could be advantageous for most countries in the region, given their …

shows that relaxing the constraint that domestic savings finance domestic investment effects only a small increase in the …An average adjustment cost which is convex with respect to the rate of gross investment successfully calibrates a … capital, interest rates, and savings rates. Comparing the open-economy and closed-economy versions of the calibrated model …