This study complements the scarce literature on growth determinants in fast emerging economies of the BRICS and MINT by assessing the determinants throughout the conditional distributions of the growth rate and real GDP output for the period 2001-2011. An instrumenal variable (IV) quantile...

Noting the paucity of studies that relate foreign direct investment (FDI) with economic growth in transition economies, this paper uses panel data for 12 CEE countries covering the period 1991-2002 and estimates a fairly standard growth framework with several different procedures. Seven main...

We construct a gravity model of worldwide foreign direct investment stock (FDI) in order to study the effect of religion on FDI allocation. We establish empirically that both bilateral religious similarity and bilateral religious diversity foster FDI at the country pair level. These apparently...

We construct a gravity model of worldwide foreign direct investment stock (FDI) in order to study the effect of religion on FDI allocation. We establish empirically that both bilateral religious similarity and bilateral religious diversity foster FDI at the country pair level. These apparently...

Over the past few years, large multinational companies originating from Russia have shown outstanding performances alongside their road from regional dominance to global leaders. Taking stock of recent approaches in the literature and statistical data released by well-known international...

In this study we present a comparison of investment and production per head in 21 areas of the World, and we find that in many poor areas there has been little improvement during the period 2000-2010. One of the main causes of this disappointing result has been the stagnation in many countries,...

This paper examines the effects of foreigndirect investment (FDI) inflows to a group of six Pacific Basin economies and a control group of 11 other developing countries.

This paper examines the role of foreign direct investment in the growth of central and Eastern European countries, the Baltic States and the CIS around the transition period.

This paper investigates the relationship between capital account openness and growth. Our empirical investigation of the effects of capital restrictions on growth provides evidence supporting capital account liberalization, especially for developed countries. We also show that capital...

An important issue in the debate over the desirability of freer capital mobility for developing countries is whether capital flows have significant effects on economic growth. Proponents of capital account liberalization cite the growth-promoting attributes of capital inflows as a key benefit of...