Vu, Tam B.; Gangnes, Byron; Noy, Ilan - Department of Economics, University of Hawaii-Manoa - 2008
We estimate the impact of FDI on growth using sectoral data for FDI inflows to China and Vietnam. Previous empirical studies, using either cross-country growth regressions or firm-level micro-econometric analysis, fail to reach a consensus. Our paper is the first to use sectoral FDI inflow data...