External resources for a low income country have the potential of accelerating growth but also of creating Dutch Disease effects. This paper analyses the empirical impact of the most important external resources, foreign direct investment, aid, and loans, on the Bolivian economy for the period...

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

This study investigates the effect of the financial development index (FD) on foreign direct investment inflows (FDI) in Vietnam from 1996 to 2021. Time series data are used in the model to assess the influence of six indicators standing for FD. Financial institution assessment (FA), financial...

This study aims to investigate the relationship between China's exchange rate, foreign direct investment (FDI) inflows and economic development. We applied the bound testing approach on aggregate level data from 1981 to 2013. The results showed that the Chinese economy benefitted from a lower...

This paper combines insights from law and economics to create a hybrid model that examines the U-shaped relationship between the strength of a country’s IPR protections and its level of economic development over time. This hybrid model is used to analyze whether implementing different levels...

This study examines the relationship between economic growth as measured by GDP per capita and foreign direct investment for Singapore, using the methodology of Granger causality and vector auto regression (VAR). Evidence shows that there is a unidirectional Granger causation from foreign direct...

In this study an attempt is made to gauge the importance of prudent macro-economic management in the location choice decision of foreign direct investors. Moreover, infrastructure availability, market size, trade liberalisation and economic development are also considered, for a set of forty...

This paper investigates the causal relationship between economic development as measured by GDP per capita and foreign direct investment for an EU and EMU member country, Greece, by applying cointegration tests and Granger causality analysis, during the period 1970-2009. Robust empirical...

This paper empirically sought to establish the existence of relationships between foreign direct investment, stock market development and institutional quality, respectively. The study adopted a multiple regression analysis, using a panel of nine African countries between 2009 and 2016. Using...

This study relates foreign direct investment (FDI) to economic growth, institutional quality and manufacturing value added, using panel data techniques that allow for parameter heterogeneity and non-stationarity. The results confirm that economic growth, institutional quality, and natural...