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Is foreign direct investment good for growth? : Evidence from sectoral analysis of China and Vietnam

Tam Bang Vu; Gangnes, Byron; Noy, Ilan - 2007

We estimate the impact of FDI on growth using sectoral data for FDI inflows to China and Vietnam. Previous empirical studies, using either cross-country growth regressions or firm-level micro-econometric analysis, fail to reach a consensus. Our paper is the first to use sectoral FDI inflow data...