Azman-Saini, W.N.W.; Law, Siong Hook; Ahmad, Abd Halim - In: Economics Letters 107 (2010) 2, pp. 211-213
This study uses a threshold regression model and finds new evidence that the positive impact of FDI on growth "kicks in" only after financial market development exceeds a threshold level. Until then, the benefit of FDI is non-existent.
