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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
persistent investment reductions in affected regions following a disaster as well as lasting positive investment spillovers into … FDI spillovers may help explain the prominent divergence in India's regional economic growth …
Persistent link: https://www.econbiz.de/10012828540
How do multinational enterprises (MNEs) affect the host country's economy through their vertical industrial linkages when large natural disasters occur? To answer this question, we develop a simple theoretical framework and show the possibility of multiple equilibria: one where the host country...
Persistent link: https://www.econbiz.de/10012933788
the large debate in the literature regarding their effects on economic growth which is not yet clear-cut. An emerging … economic expansion. Based on neoclassical growth framework, the theoretical model indicates that FDI, ODA, and remittances … improve economic growth, and the size of the effect increases with good absorptive capacity. However, climate shocks reduce …
Persistent link: https://www.econbiz.de/10013306770
Persistent link: https://www.econbiz.de/10000646023
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productivity and disaster reconstruction …
Persistent link: https://www.econbiz.de/10013225555
endogeneity of disaster damage, I exploit instrumental variables constructed from meteorological data on hurricanes. Instrumental … variables estimates indicate that disaster damages lead to increases in national-level net inflows of migrants' remittances …. The null hypothesis of full insurance of hurricane disaster damages cannot be rejected. By contrast, ordinary least …
Persistent link: https://www.econbiz.de/10014065896
This article examines the effects of project finance on economic growth in the least developed countries (LDC …). Inspired by the neoclassical growth model we set up an econometric model to estimate the effects of project finance for a … suggest, that project finance has a significant positive effect on economic growth and therefore constitute an important …
Persistent link: https://www.econbiz.de/10010459776
between Foreign Direct Investment (FDI) and economic growth?” Using macroeconomic data on 27 Sub Saharan African (SSA … government effectiveness matter for the influence of FDI on economic growth in SSA. This key finding was found to be robust even … on growth has larger magnitude vis-à-vis the comparator group with poorer governance indicators. This significant …
Persistent link: https://www.econbiz.de/10013024114