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This paper provides evidence on the moderating effects of institutions on the marginal effects of human capital, financial development, and macroeconomic policies on foreign direct investment (FDI) inflows, based on large panel data of 124 developing countries-spanning from 2002 to 2018-and...
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world, and employing instrumental variables for migration, education, and law, we establish that all three policy measures …
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Acknowledging the fact that the growth experience of countries is seldom well described by the average growth rate, this paper aims at identifying countries that are similar in terms of their growth process, thus emphasizing the dynamics of growth rates. To that end, the growth experience of...
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, financial development is enhanced. Our results are robust to various proxies of institutions and alternate estimation models …
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