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We implement a method to estimate the direct effects of foreign-ownership on foreign firms' productivity and the indirect effects (or spillovers) from the presence of foreign-owned firms on other foreign and domestic firms' productivity in a unifying framework, taking interactions between firms...
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ownership and capital demand adjustment in host countries. The author estimates a dynamic structural model of investment on a …
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The study examines the effect of investment in telecommunication infrastructure on economic growth in Nigeria. Using … proposed by Pesaran et al., (2001) to estimate the long run and short run effect of investment in telecommunication … all explanatory variables. The study found foreign direct investment in information and communication technology more …
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volatility, especially in the past decade. Nevertheless, dollarised countries benefit from higher levels of investment and trade …
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