Chintrakarn, Pandej; Herzer, Dierk; Nunnenkamp, Peter - Institut für Weltwirtschaft (IfW) - 2010
This study employs state-level panel data to explore the relationship between inward foreign direct investment (FDI …-sectional heterogeneity, cross-sectional dependence, and endogenous regressors, we find that the short-run effects of FDI on income inequality … are insignificant or weakly significant and negative. In the long run, however, FDI exerts a significant and robust …