Poelhekke, Steven (contributor); … - 2008
Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear … that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we … provide detailed evidence on the determinants of outward FDI from the US. FDI is higher in countries that are close to the US …