The foreign direct investment-economic growth nexus
Data(s) |
01/03/2016
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Resumo |
The nexus between foreign direct investment (FDI) and economic growth has been a long-standing debate from mixed empirical findings. There is also a possibility of a bi-directional relationship between FDI and economic growth. This paper investigates FDI- growth associations using a simultaneous system of equations approach of 124 cross-country data for the period 1971- 2010. Results from the estimation indicate that overall effects of FDI are positively associated with growth and vice versa; whereas labor force, trade openness and economic freedom are other key determinants of FDI, which in turn stimulate income growth further. |
Identificador | |
Idioma(s) |
eng |
Publicador |
Elsevier |
Relação |
http://dro.deakin.edu.au/eserv/DU:30080543/iamsiraroj-foreigndirect-2016.pdf http://www.dx.doi.org/10.1016/j.iref.2015.10.044 |
Direitos |
2015, Elsevier |
Palavras-Chave | #Foreign direct investment #Economic growth #Paneldata |
Tipo |
Journal Article |