Yao, Shujie; Wei, Kailei; Feng, Genfu; Song, Lin - In: Applied Economics Letters 15 (2008) 11, pp. 887-891
This article presents two propositions on the role of FDI in economic growth: (1) FDI is a mover of production efficiency and (2) FDI is a shifter of the host country's production frontier. It then employs a production function with a large panel data set from the Chinese regions over 1979-2003...