Prufer, Patricia; Tondl, G. - Tilburg University, Center for Economic Research - 2008
Foreign Direct Investment (FDI) has surged in Latin America (LA) since the mid 1990s. European and North American FDI … is of capital importance. We investigate the FDI-growth nexus in LA allowing for different source countries, regional … hetero- geneity, interaction terms with FDI, and more than 20 growth determinants. We use Bayesian Model Averaging to address …