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 …

"This paper explores the linkage between income growth rates and foreign direct investment (FDI) inflows. So far the …, including instrumental variable regressions. "--World Bank web site …