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This paper contributes to the literature on foreign direct investment (FDI) and economic growth in two main ways. First …, we examine the effect of FDI on economic growth for 44 developing countries over the period 1970 to 2005 using … studies, we find that FDI has, on average, a negative effect on growth in developing countries, but that there are large cross …
Persistent link: https://www.econbiz.de/10008727523
This paper contributes to the literature on foreign direct investment (FDI) and economic growth in two main ways. First …, we examine the effect of FDI on economic growth for 44 developing countries over the period 1970 to 2005 using … studies, we find that FDI has, on average, a negative effect on growth in developing countries, but that there are large cross …
Persistent link: https://www.econbiz.de/10008746101
growth across former Soviet-bloc countries between 1990 and 2015. Roles of the stock market and of demand-side macroeconomic … policy are investigated using panel data analysis. The result suggests that though foreign direct investment (FDI …) contributing relatively more to economic growth than foreign portfolio investments (FPI), it interactswith stock market trading to …
Persistent link: https://www.econbiz.de/10012259732
contribute to expanding the host country's capital stock. The model suggests that greenfield FDI has a stronger impact on growth … than M&A sales. This hypothesis is supported by our empirical results, which show that greenfield FDI enhances growth …We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between …
Persistent link: https://www.econbiz.de/10009376718
This paper examines how capital account liberalization (CAL) affects Foreign Direct Investment (FDI) inflows. The … Middle East and North Africa (MENA) countries from 1985 to 2009. Their findings reveal that the positive impact of CAL on FDI … policies to attract FDI to the region. The authors also find that foreign investors value the quality of institutions more than …
Persistent link: https://www.econbiz.de/10010481986
equation, the empirical results support the hypothesis of export- and FDI-led growth. We also show that for export and outward … German regional data (NUTS 1 level) for GDP, trade, and FDI activity during the period 1976-2005. Applying various … homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth …
Persistent link: https://www.econbiz.de/10011535894
countries, the financial openness policy in the Non-GCC countries have reduced the benefits of FDI on growth, this finding is …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 …
Persistent link: https://www.econbiz.de/10011496344
This paper studies the effects of foreign direct investment (FDI) on national economic growth with the help of GMM … panel regressions. Effects on productivity growth, capital and labor inputs as well as innovation activities are … separately. Effects of FDI on production capacities are found for more developed countries in the first time period, while …
Persistent link: https://www.econbiz.de/10011303758
This paper revisits the link between FDI and economic growth in emerging and developing economies. When we study the … early decades of our sample, we find that there is no statistically significant correlation between FDI and growth for … levels of human capital. However, we also find that the link between FDI and growth varies over time. For more recent periods …
Persistent link: https://www.econbiz.de/10013460132
different time spans within the 1998-2013 period. The empirical results show that total FDI contributes positively to the growth … industrial and services sectors has a positive and significant effect on economic growth, whereas FDI in the construction sector … sectors on economic growth in a panel of sixteen Central, Eastern and Southeastern European CESEE countries using data of …
Persistent link: https://www.econbiz.de/10011671825