Basu, Parantap; Chakraborty, Chandana; Reagle, Derrick - In: Economic Inquiry 41 (2003) 3, pp. 510-516
Using a panel cointegration framework, the article explores the two-way link between FDI and growth for a panel of 23 developing countries. In addition, it investigates the impact of liberalization on the dynamics of the FDI and GDP relationship. A long-run cointegrating relationship is found...
