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This paper analyzes the effects of foreign direct investment on the economic growth of developing countries. The study … period 1980-2007. We explore the hypothesis that foreign direct investment can promote growth in developing countries. We … test this hypothesis using panel data series for foreign direct investment, while accounting for regional differences in …
Persistent link: https://www.econbiz.de/10013123117
This paper challenges the widespread belief that FDI generally has a positive impact on economic growth in developing countries. It addresses the limitations of the existing literature and re-examines the FDI-led growth hypothesis for 28 developing countries using cointegration techniques on a...
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This paper analyzes the necessary local conditions required for the existence of positive spillovers from multinationals' entry and it consists of a unified study of absorptive capacities. We start from the idea that FDI speeds up the diffusion of technologies across countries. Yet, the question...
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