This paper surveys the most relevant theoretical studies on the relationship between trade, FDI and technology transfer. Its aim is to give an analysis of theoretical models, highlighting their implications for the growth performance of globally integrated economies relative to that of more...

We ?nd a curious negative casual relationship between foreign direct investment (FDI) and total factor productivity growth (TFPG) across the world for the period 1996-2009. The relationship is robust to speci?cations in which we instrument for FDI using lagged values and geography variables as...