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ratio indicate current-account deficits, i.e., an excess of domestic investment over saving to be financed by capital …
Persistent link: https://www.econbiz.de/10014215318
This paper studies episodes of current-account reversal in developing countries (DCs) in the period 1965-1994. First, a number of persistent shifts ("reversals") in the current-account balance dynamics are identified by structural break and segmented trend tests; then, the relationship between...
Persistent link: https://www.econbiz.de/10014208636
Persistent link: https://www.econbiz.de/10011582015
We raise the hypothesis that aid specifically targeted at economic infrastructure helps developing countries attract … higher FDI inflows through improving their endowment with infrastructure in transportation, communication, energy and finance … allocation of sector-specific aid, the determinants of infrastructure, and the determinants of FDI. We find fairly strong and …
Persistent link: https://www.econbiz.de/10011374057
We raise the hypothesis that aid specifically targeted at economic infrastructure helps developing countries attract … higher FDI inflows through improving their endowment with infrastructure in transportation, communication, energy and finance … allocation of sector-specific aid, the determinants of infrastructure, and the determinants of FDI. We find fairly strong and …
Persistent link: https://www.econbiz.de/10010394325
feedback on further investment which leads the country grow faster. If infrastructure falls short of the critical level …The paper studies the effects of foreign direct investment (FDI) on economic growth when sufficient provisions of … infrastructure is a pre-requisite. In the overlapping generations structure setting, we show that technology spillovers via FDI take …
Persistent link: https://www.econbiz.de/10014054631
direct investment) on economic growth in Cameroon. Using the autoregressive distributive lag approach to cointegration and … direct investment have positive and significant impacts on economic growth in the short and long terms, while the impact of …
Persistent link: https://www.econbiz.de/10010200368
Persistent link: https://www.econbiz.de/10009419546
Persistent link: https://www.econbiz.de/10012150456
This paper examines the long-run relationship between outward foreign direct investment (FDI) and total factor … productivity for a sample of 33 developing countries over the period 1980-2005. Using panel cointegration techniques, we find that … openness in the home country. -- outward FDI ; total factor productivity ; developing countries ; panel cointegration …
Persistent link: https://www.econbiz.de/10003947934