The objective of this study is to achieve empirically the direct as well as indirect effect of FDI on economic growth for 30 developing countries from 1980 to 2004. For Indirect effect we will emphases on technology spillover through FDI and also conditional on infrastructure. Domestic...

This paper uses new statistical techniques and two new databases to reassess the relationship between economic growth and FDI. After resolving biases plaguing past work, we find that the exogenous component of FDI does not exert a robust, independent influence on growth

We assess the role of capital goods imports and inflows of foreign direct investment (FDI) as transmission channels through which major emerging economies (BRICs, i.e., Brazil, Russian Federation, India and China) could catch up with advanced source countries in terms of total factor...