In this paper we distinguish different "qualities" of FDI to re-examine the relationship between FDI and growth. We use … 'quality' to mean the effect of a unit of FDI on economic growth. However this is difficult to establish because it is a … FDI" in several different ways. First, we look at the possibility that the effects of FDI differ by sector. Second, we …

foreign direct investment (FDI) occurs between rich countries. The share of vertical FDI (subsidiaries which provide inputs to …-industry' vertical FDI and find that their location and activity are significantly different to the inter-industry vertical FDI visible … production giving rise to a class of high-skill intra-industry vertical FDI. …