Jyun-Yi, Wu; Chih-Chiang, Hsu - In: Economics Bulletin 15 (2008) 12, pp. 1-10
Using threshold regression techniques developed by Caner and Hansen(2004),this paper examines whether the effect of foreign direct investment (FDI) on economic growth is dependent upon different absorptive capacities. There are three absorptive capacities, namely, initial GDP, human capital and...