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of foreign direct investment (FDI), considering that the latter is an international technology diffusion channel …. Although FDI appears to be an important channel in the diffusion of technology models theoretically, empirical evidence related … to the effect of FDI on growth is ambiguous. By applying the approach of Ben-David (1996), which focuses on convergence …
Persistent link: https://www.econbiz.de/10010500261
foreign direct investment (FDI). This paper will then use insights from the new literature on economic growth to develop …: FDI, R&D links, trade in goods, inbound tourism, education exports, and people linkages. To account for the growing role …
Persistent link: https://www.econbiz.de/10012115561
This paper investigates the impact of foreign direct investment (FDI) on economic growth in a sample of 10 ex …-socialist European and Asian countries. While the link between FDI and economic growth has been extensively investigated in empirical … literature, this paper contributes to this literature by econometrically investigating the effects of FDI inflows in specific …
Persistent link: https://www.econbiz.de/10014520608
and sectoral foreign direct investment (FDI) on Egypt's economic growth. We distinguish between FDI in the manufacturing … FDI on Egypt's economic growth. Employing General Methods of Moments (GMM) panel estimations, we find that neither … aggregate nor sectoral FDI has an unconditional effect on economic growth. We also reject human capital as a channel of …
Persistent link: https://www.econbiz.de/10012391376
different time spans within the 1998-2013 period. The empirical results show that total FDI contributes positively to the growth … in the analyzed countries. With regards to our main focus, the analysis of the decomposition of FDI finds that FDI in the … industrial and services sectors has a positive and significant effect on economic growth, whereas FDI in the construction sector …
Persistent link: https://www.econbiz.de/10011785364
The impact of foreign direct investment on the host country's economic growth has been a source of debate in past theoretical and empirical investigations. The PMG/ARDL model, which has a practical advantage in examining the effect of foreign direct investment in the short and long run, has...
Persistent link: https://www.econbiz.de/10015074251
This paper examines the impacts of globalization on small countries, covering the main features of globalization, the quality of national economic and commercial environment, main characteristics of small countries including important facts and concrete indicators for their development, and...
Persistent link: https://www.econbiz.de/10010296788
This paper analyzes a stylized model of international capital mobility and diffusion of embodied technologies from North to South. The South can fall behind in terms of technologies or get trapped in a situation, in which it is unable to attract foreign capital and embodied technologies, if its...
Persistent link: https://www.econbiz.de/10010263540
optimal development policy requires FDI to be matched by investment into the absorptive capacity. …
Persistent link: https://www.econbiz.de/10010277868
We examine variations in the South-North ratios (emerging vs. industrialized countries) of energy and labor intensities driven by imports. We use the novel World Input-Output Database (WIOD) that provides bilateral and bisectoral data for 40 countries and 35 sectors for 1995-2009. We find...
Persistent link: https://www.econbiz.de/10010312879