(FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity … gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 11 percent of … is weaker than for FDI spillovers. The paper also gives a detailed account of why our study leads to results different …

determinants of FDI inflows based on newly constructed dataset on structural reforms for 19 Latin American and 25 Eastern European … countries between 1989 and 2004. Our main finding is a strong empirical relationship from reforms to FDI, in particular, from …

-border component of foreign direct investment (FDI). The extent of financial leverage through local debt is positively related to host …

Despite the rapid increase in FDI flows to LICs, there have been relatively few studies that have specifically examined … FDI-flows from Brazil, Russia, India and China (BRICs). The paper finds that official data sources undoubtedly … underestimate the volume and scope of FDI flows as many small and medium-sized enterprises (SMEs) do not always register their …

This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and … markets allow agents to take advantage of knowledge spillovers from FDI, magnifying the output effects of FDI. Empirically, we … show that well-developed financial markets allow significant gains from FDI, while FDI alone plays an ambiguous role in …

This paper summarizes recent arguments/findings on two aspects of foreign direct investment (FDI): its correlation with … economic growth and its determinants. The first part focuses on recent literature regarding positive spillovers from FDI while … the second deals with the determinants of FDI. The paper finds that while substantial support exists for positive …

This paper examines how capital controls affect FDI decisions and how the impact of these restrictive measures varies … with different levels of country risk. We construct a model of firms' FDI decisions, broadly in Dunning's "eclectic theory … performance of recent empirical studies. We find that increasing levels of capital controls reduce the life-span of FDI …

Gravity factors explain a large part of Foreign Direct Investment (FDI) inflows in Southeastern Europe-a region not … FDI for each country, and uses its deviation from actual levels to estimate what policies can realistically be expected to … achieve in terms of additional FDI. It also finds evidence that above a certain threshold, the importance of some policies for …