Foreign Direct Investment, Economic Performance and Trade Liberalisation
In a number of influential papers published by V. N. Balasubramanyam and collaborators during the decade of the 1990s, compelling arguments and supporting evidence was presented to indicate that export-promoting trade and investment strategies attract more and more productive inflows of foreign capital than do import-substituting strategies. This paper revisits these hypotheses in the context of more recent cross-section data and reports evidence to suggest that the earlier findings are robust. Copyright 2007 The AuthorsJournal compilation 2007 Blackwell Publishing Ltd .
Year of publication: |
2007
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Authors: | Greenaway, David ; Sapsford, David ; Pfaffenzeller, Stephan |
Published in: |
The World Economy. - Wiley Blackwell. - Vol. 30.2007, 2, p. 197-210
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Publisher: |
Wiley Blackwell |
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