Showing 1 - 10 of 11,366
undermine the effect of Foreign Direct Investment (FDI), official development assistance (ODA) and migrants’ remittances on … economic expansion. Based on neoclassical growth framework, the theoretical model indicates that FDI, ODA, and remittances …
Persistent link: https://www.econbiz.de/10013306770
The paper studies the effects of foreign direct investment (FDI) on economic growth when sufficient provisions of … infrastructure is a pre-requisite. In the overlapping generations structure setting, we show that technology spillovers via FDI take …, however, then FDI has little effect on growth as the country is trapped in a low-growth equilibrium. We also present the …
Persistent link: https://www.econbiz.de/10014054631
This paper analyzes the effects of foreign direct investment on the economic growth of developing countries. The study uses annual data on a group of 85 developing countries covering Asia, Africa, and Latin America and the Caribbean for the period 1980-2007. We explore the hypothesis that...
Persistent link: https://www.econbiz.de/10013123117
This paper examines the relationship between Foreign Direct Investment (FDI) and per capita Gross Domestic Product (GDP … endoeneity-robust Generalised Method of Moments. Results show that the effect of FDI on per capita income in the Gulf Cooperation … countries, the financial openness policy in the Non-GCC countries have reduced the benefits of FDI on growth, this finding is …
Persistent link: https://www.econbiz.de/10011496344
This study aims to assess to what extent the institutional environment is responsible for worldwide differences in economic development. To answer this question, a new concept of the institutions-augmented Solow model is constructed. The analysis covers 153 countries and the period 1994-2009....
Persistent link: https://www.econbiz.de/10010228513
This study aims to analyze the impacts of indirect determinants such as institutions, trade-financial openness and macroeconomic stability on economic growth in 48 middle income countries. With this purpose, the impacts of the ten indicators in total belonging to the aforesaid variables for the...
Persistent link: https://www.econbiz.de/10013043093
We reconsider the macroeconomic implications of public investment efficiency, defined as the ratio between the actual increment to public capital and the amount spent. We show that, in a simple and standard model, increases in public investment spending in inefficient countries do not have a...
Persistent link: https://www.econbiz.de/10012999742
Economic growth in the 19th and 20th centuries, following the Industrial Revolutions, was much faster than in preceding centuries. This unprecedented global growth coincided with the global proliferation of democracy, with some evidence for bidirectional causation. Macroeconomic forecasts have...
Persistent link: https://www.econbiz.de/10013245417
This paper examines the trajectory of growth in the Global South. Before the 1500s all countries were roughly at the same level of development, but from the 1500s Western countries started to grow faster than the rest of the world and PPP GDP per capita by 1950 in the US, the richest Western...
Persistent link: https://www.econbiz.de/10014134071
property rights and ease of doing business) and two channels for technological spillovers (trade and FDI) in a panel of …
Persistent link: https://www.econbiz.de/10012973469