than previous consensus values (attributed to a systematic bias from FDI data); and consistent with 'implicit' profit …

(MNEs) has become more pressing. Foreign Direct Investment (FDI) statistics, which capture financing aspects of MNEs, have … practice into question. This paper revisits the main objections to the use of FDI as a proxy for multinational production …, explores counterarguments, and provides guidance on the use of FDI statistics to measure multinational production …

This paper examines the impact of Foreign Direct Investment (FDI) on knowledge diffusion by analyzing the effect of … firm-level FDI activities on cross-border patent citations. We construct a novel firm-level panel dataset that combines … worldwide utility patent and citations data with project-level greenfield FDI and crossborder mergers and acquisitions (M …

countries in Africa have achieved in attracting a substantial volume of FDI. Strong leadership, which has helped promote …

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

What accounts for variations in FDI flows from advanced to developing countries? How have FDI inflows explained cross … drivers of FDI outflows to low-income countries in the pre-crisis period; (ii) economic fundamentals, the strength of economic … reforms, and commitment to macroeconomic discipline are crucial determinants of the growth dividends of FDI. Our paper …

rates of FDI as well as domestic capital formation. This "investment hunger" can lead to unanticipated declines in the …

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 …