Donaubauer, Julian; Herzer, Dierk; Nunnenkamp, Peter - 2013
We address the question of whether foreign aid helps attract foreign direct investment (FDI). This could be achieved if … well targeted aid removed critical impediments to higher FDI inflows. In particular, we test the hypothesis that aid for … education is an effective means to increase FDI flows to host countries in Latin America where schooling and education appears …