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This paper applies a probit estimation to assess the relationship between economic takeoffs during 1950- 2000 and inflows of portfolio debt, portfolio equity, and FDI, controlling for country's stock of short-term external debt and commodity terms of trade. Average level of FDI inflows is...
Persistent link: https://www.econbiz.de/10009270029
This paper applies a probit estimation to assess the relationship between economic takeoffs during 1950-2000 and inflows of portfolio debt, portfolio equity, and FDI, controlling for country's stock of short-term external debt and commodity terms of trade. Average level of FDI inflows is...
Persistent link: https://www.econbiz.de/10009272046
Persistent link: https://www.econbiz.de/10013207459
), trade resistance factors on the EU import side can be explained mainly by slow growth in Europe in the first half of the …
Persistent link: https://www.econbiz.de/10011472114
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between … contribute to expanding the host country's capital stock. The model suggests that greenfield FDI has a stronger impact on growth … than M&A sales. This hypothesis is supported by our empirical results, which show that greenfield FDI enhances growth …
Persistent link: https://www.econbiz.de/10009376718
homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth … equation, the empirical results support the hypothesis of export- and FDI-led growth. We also show that for export and outward …
Persistent link: https://www.econbiz.de/10011535894
This paper discusses some puzzles in the contemporary macroeconomic scene in India, from the perspective of public finance and economic development. These include a fiscal deficit higher than it was during the 1991 crisis, but without a large current account deficit or rise in inflation or...
Persistent link: https://www.econbiz.de/10011520530
within the framework of the export-led growth (ELG) hypothesis. Available evidence in Nigeria supports that the bulk of FDI … economic growth is investigated using the concept of variance decomposition and impulse response analysis. The results obtained …
Persistent link: https://www.econbiz.de/10009782745
overemphasized. Many studies have shown a strong positive impact of trade on economic growth across developed and the emerging market …. However, very little is known about the simultaneous effect of trade and investment on growth in SSA when institutional … control variables are introduced in the model. Therefore, this study examines the role of trade and investment in the growth …
Persistent link: https://www.econbiz.de/10012023952
This paper studies the effects of foreign direct investment (FDI) on national economic growth with the help of GMM … panel regressions. Effects on productivity growth, capital and labor inputs as well as innovation activities are …
Persistent link: https://www.econbiz.de/10011303758